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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
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Daily Archives: December 5, 2013
Trading Signals per 5-12-2013
FOREX-Signals EUR/USD SHORT EUR/GBP SHORT Entry-Limit Sell 1,3636 Entry-Limit Sell 0,8338 Limit BUY 1,3596 Limit BUY 0,8298 … Continue reading
Posted in Trading Signals
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Crude Oil: EIA reveals a decline in US crude oil inventories
Crude Oil Movement Crude Oil prices advanced 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 97.20, after the US Energy Information Administration (EIA) indicated that crude supplies unexpectedly fell by 5.6 million barrels for the … Continue reading
Posted in Crude Oil
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Silver: White metal trading above its MA’s
Silver Movement Silver prices rose 2.89% to USD 19.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.64, 0.23% lower from yesterday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Yellow metal reverses its direction in the Asian session
Gold Movement Gold prices traded higher by 1.55% against the USD in the 24 hour period ending 23:00GMT, at 1242.90 per ounce. However, the release of upbeat ADP report on private sector job creation, as well as data on new … Continue reading
Posted in Gold
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AUD/USD: Australia’s trade deficit widened more than analysts’ expectations for October
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.08% against the USD to close at 0.9033, after a weaker-than-expected third quarter economic growth in Australia weighed heavily on the domestic currency, highlighting that the country is still … Continue reading
Posted in AUD/USD
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USD/CAD: “Downside risks to inflation appears to be greater”, says BoC Chief, Stephen Poloz
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.0679. The Canadian Dollar gave up ground against the US Dollar as fresh speculation for an interest-rate-cut spurred after the Bank … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss industrial production witnesses a rebound in Q3
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9025. The Franc received support after on official data revealed that the Swiss industrial production climbed 0.7% in the third quarter, … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading higher in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.38, after the ADP’s national employment report, private payrolls added 215,000 jobs in November, beating expectations of 170,000 new jobs and … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s service sector activity data disappoints investors
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.6378, after the UK services PMI fell to a reading of 60.0 in November, compared to 62.5 the preceding month, the highest … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher ahead of the ECB interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally declined against the USD and closed at 1.3585, after mixed Euro-zone service sector data. The service sector activity in Germany rose to a seasonally adjusted 55.7 in November, compared … Continue reading
Posted in EUR/USD
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