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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
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: December 2013
Crude Oil: EIA reported a more than expected fall in the US weekly crude inventories
Crude Oil Movement Crude Oil prices declined 1.13% against the USD for the 24 hour period ending 23:00GMT, closing at 97.51. However, the losses were capped after the US Energy Information Administration (EIA) reported the biggest weekly decline in nearly … Continue reading
Posted in Crude Oil
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Silver: White metal trading tad lower this morning
Silver Movement Silver prices declined 0.43% to USD20.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 20.31, marginally lower from yesterday’s close. Silver is expected to find support at 20.20, … Continue reading
Posted in Silver
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Gold: Yellow metal converging with its MA’s
Gold Movement Gold prices traded lower by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1253.48 per ounce, as speculations rose that the Federal Reserve would very soon take the tapering route as the US lawmakers … Continue reading
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USD/CAD: Loonie steady ahead of BoC Governor, Stephen Poloz’s speech
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0593. In the Asian session, at GMT0400, the pair is trading at 1.0593, with the USD trading flat from yesterday’s close. … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading marginally lower in the Asian session ahead of the SNB policy meeting
USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.8870. In the Asian session, at GMT0400, the pair is trading at 0.8867, with the USD trading slightly lower from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading tad higher amid lack of economic releases from Japan
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 102.55, amid lingering uncertainty over Fed’s pace of stimulus measures. In the Asian session, at GMT0400, the pair is trading at … Continue reading
Posted in USD/JPY
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GBP/USD: BoE’s Martin Weale disturbed by rising inflation expectations
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.6377, after the Bank of England (BoE), policy-maker, Martin Weale warned that inflation in the UK has witnessed a sharp decline. He … Continue reading
Posted in GBP/USD
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EUR/USD: ECB’s Vitor Constancio says no shortage of collateral in any Euro-zone country
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3786, after the European Central Bank (ECB) Vice-President, Vitor Constancio stated that the Euro-zone banks have plenty of collateral, thereby indicating that … Continue reading
Posted in EUR/USD
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Trading Signals per 11-12-2013
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,3741 Entry-Limit Sell 0,8393 Limit SELL 1,3781 Limit BUY 0,8353 … Continue reading
Posted in Trading Signals
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AUD/USD: Aussie reverses its direction in the morning session
For the 24 hours to 23:00 GMT, AUD strengthened 0.62% against the USD to close at 0.9147. In Australia, the Westpac consumer confidence declined 4.8% (MoM) in December, compared to a 1.9% (MoM) rise registered in the preceding month. LME … Continue reading
Posted in AUD/USD
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Crude Oil: OPEC’s crude production in November dropped to the lowest level since May 2011
Crude Oil Movement Crude Oil prices advanced 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 98.62, amid a broad decline in the US Dollar. Price of crude oil rose further after the American Petroleum Institute … Continue reading
Posted in Crude Oil
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