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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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Daily Archives: February 7, 2014
Trading Signals per 07-02-2014
FOREX-Signals EUR/USD SHORT EUR/GBP SHORT Entry-Limit Sell 1,3595 Entry-Limit Sell 0,8324 Limit BUY 1,3555 Limit BUY 0,8284 … Continue reading
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Crude Oil: Crude trading lower this morning, following yesterday’s rise
Crude Oil Movement Crude Oil prices advanced 0.56% against the USD for the 24 hour period ending 23:00GMT, closing at 97.91, as the latest batch of upbeat economic data from the US bolstered the demand outlook of the commodity in … Continue reading
Posted in Crude Oil
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Silver: White metal pares its gains in the Asian trading hours
Silver Movement Silver prices rose 0.13% to USD19.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.90, 0.25% lower from yesterday’s close. Silver is expected to find support at 19.73, … Continue reading
Posted in Silver
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Gold: Yellow metal reverses its losses in the morning
Gold Movement Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1257.18 per ounce. In the Asian session, at GMT0400, Gold is trading at 1261.85, 0.37% higher from yesterday’s close. Gold is … Continue reading
Posted in Gold
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AUD/USD: RBA upgraded its growth and inflation outlook on the Australian economy for 2014
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.22 % against the USD to close at 0.8947. LME Copper prices rose 0.2% or $13.0/MT to $7109.0/MT. Aluminium prices declined 0.5% or $8.5/MT to $1654.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading marginally higher ahead of Canada’s unemployment report
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.1070. The Canadian Dollar gained momentum despite data indicating that the international merchandised trade deficit in Canada unexpectedly widened for a … Continue reading
Posted in USD/CAD
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USD/CHF: SECO consumer confidence in Switzerland advanced more than market expectations in the fourth quarter
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9008. In Switzerland, the SECO consumer climate indicator rose to a level of 2.0 in the fourth quarter, more than analysts’ … Continue reading
Posted in USD/CHF
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USD/JPY: Yen extends losses in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.56% against the JPY and closed at 102.04, following an upbeat US jobless claims data. In the Asian session, at GMT0400, the pair is trading at 102.06, with … Continue reading
Posted in USD/JPY
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GBP/USD: BoE refrains from altering its monetary policies in February
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6321. Yesterday, the Bank of England (BoE) kept its interest rate unchanged at 0.5% and maintained the size of its asset-purchase programme … Continue reading
Posted in GBP/USD
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EUR/USD: Idea of deflation should be dispensed in the Euro-zone economy, suggests ECB Chief, Mario Draghi
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.43% against the USD and closed at 1.3592, after the European Central Bank (ECB) President, Mario Draghi rejected the possibility of deflation in the Euro-zone economy. Mario Draghi, following … Continue reading
Posted in EUR/USD
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