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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: September 5, 2014
Trading Signals as per 05-September-2014
Pair Action Status Stop Loss Take Profit EUR/CHF BUY Active 1.1989 1.2110 GBP/CHF SELL Active 1.5282 1.5142 EUR/JPY BUY Active 135.38 136.68 EUR/USD SELL Active 1.3032 1.2892 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading
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EUR/USD: Euro trading lower, ahead of the Euro-zone’s Q2 GDP
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.63% against the USD and closed at 1.2936, following the ECB’s unexpected decision to cut its benchmark interest rates and loosen monetary policy even further. The ECB lowered … Continue reading
Posted in EUR/USD
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Crude Oil: Crude oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 94.57, after the Energy Information Administration (EIA) reported that the US crude oil inventories dropped less than expected by 0.9 … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a higher footing this morning
Silver Movement Silver prices declined 0.86% to USD 19.05 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.115, with the silver trading 0.37% higher … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 0.89% against the USD in the 24 hour period ending 23:00GMT, at 1258.70 per ounce, following positive economic data from the US, thereby diminishing yellow metal’s safe haven appeal. In the Asian session, … Continue reading
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AUD/USD: Aussie continues its losses in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.9343 LME Copper prices rose 0.58% or $40.0/MT to $6967.0/MT. Aluminium prices rose 0.34% or $7.0/MT to $2085.0/MT. In … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading flat, ahead of Canada’s unemployment rate.
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0882. In economic news, the Canadian international merchandise trade surplus widened to C$2.58 billion in July, higher than market expectations of … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc reverses its losses ahead of Switzerland’s Q2 industrial production
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.65% against the CHF and closed at 0.9327. In the Asian session, at GMT0300, the pair is trading at 0.9323, with the USD trading marginally lower from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading higher, ahead of the BoJ’s monthly survey.
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.52% against the JPY and closed at 105.39 amid prospects of higher US interest rates after US economic data continued to be encouraging. The yen also came under … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading lower, ahead of the BoE’s inflation expectations
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.87% against the USD and closed at 1.6320, after the BoE stuck to its current loose monetary policy, despite two policymakers voting for a rate hike at the … Continue reading
Posted in GBP/USD
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