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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
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- Gold: Yellow metal reverses it gains in the Asian session
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- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: February 2014
USD/JPY: BoJ should wait till summer data before deciding to increase stimulus, suggests Koichi Hamada
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 102.51. Yesterday, in Japan, Koichi Hamada, a key aide to Prime Minister, Shinzo Abe, suggested the Bank of Japan (BoJ) to … Continue reading
Posted in USD/JPY
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GBP/USD: “BoE would not take risk with UK recovery”, assures BoE Governor, Mark Carney
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6656, after the Bank of England (BoE) Governor, Mark Carney hinted towards a new phase of forward guidance to “ensure sustainable growth … Continue reading
Posted in GBP/USD
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EUR/USD: ECB to consider negative interest rate at its upcoming meeting in March, hints ECB’s Ignazio Visco
EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3735, after the European Central Bank (ECB) Governing Council member, Ignazio Visco suggested the possibility that policymakers could discuss introducing negative deposit … Continue reading
Posted in EUR/USD
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Trading Signals per 24-02-2014
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,3725 Entry-Limit Sell 0,8282 Limit SELL 1,3765 Limit BUY 0,8242 … Continue reading
Posted in Trading Signals
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Crude Oil: Crude reverses its direction in the Asian trading hours
Crude Oil Movement On Friday, Crude Oil prices declined 0.54% against the USD for the period ending 21:00GMT, closing at 102.25, as traders continued to digest a rise in the weekly EIA crude supply data for the week ended 14 … Continue reading
Posted in Crude Oil
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Silver: White metal trading below its MA’s
Silver Movement On Friday, Silver prices rose 0.19% to USD 21.84 per ounce during the period ending 21:00GMT, mirroring gains in the prices of industrial metals and gold. In the Asian session, at GMT0400, Silver is trading at 21.59, 1.11% … Continue reading
Posted in Silver
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Gold: Yellow metal trading lower in the morning, following Friday’s gain
Gold Movement On Friday Gold prices traded higher by 0.13% against the USD in the period ending 21:00GMT, at 1323.95 per ounce, as a lacklustre housing data from the US and violence in Ukraine bolstered the safe-haven appeal of the … Continue reading
Posted in Gold
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AUD/USD: Aussie trading flat in the morning session
AUDUSD Movement On Friday, the AUD weakened 0.47% against the USD to close at 0.8967. LME Copper prices rose 0.4% or $26.5/MT to $7211.5/MT. Aluminium prices advanced 1.0% or $16.5/MT to $1734.0/MT. In the Asian session, at GMT0400, the pair … Continue reading
Posted in AUD/USD
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USD/CAD: Canada to outperform its 2% growth target, projects Finance Minister, Jim Flaherty
USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.1122. The Canadian Dollar lost ground against its US counterpart after data showed that retail sales in Canada declined 1.8% (MoM) in December, more than analysts’ … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc cap still “appropriate and important”, says SNB’s Zurbruegg
USDCHF Movement On Friday, the USD declined 0.19% against the CHF and closed at 0.8877. In Switzerland, a member of the Swiss National Bank (SNB) Governing Board, Fritz Zurbruegg, opined that the central bank still needs to maintain its 1.20 … Continue reading
Posted in USD/CHF
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USD/JPY: Japan reached only half-way on its path to 2% inflation target, says BoJ Governor, Kuroda
USDJPY Movement On Friday, the USD strengthened 0.31% against the JPY and closed at 102.64, benefited from the comments of the St. Louis Fed Chief, James Bullard, that the Fed would continue tapering its massive accommodative stimulus measure as the … Continue reading
Posted in USD/JPY
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