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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: December 2, 2014
Trading Signals as per 2-December-2014
Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9714 0.9632 EUR/JPY BUY Active 146.98 147.98 NZD/USD BUY Active 0.7818 0.7908 GBP/CHF SELL Active 1.5242 1.5142 GBP/USD BUY Active 1.5638 1.5768 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading
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Crude Oil: Oil trading lower ahead of the weekly crude oil data from the API
Crude Oil Movement Crude Oil prices advanced 4.74% against the USD for the 24 hour period ending 23:00GMT, closing at 69.23, rebounding from its previous session heavy losses as weakness in the dollar increased the demand for alternative investments. In … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower this morning
Silver Movement Silver prices rose 7.21% to USD 16.50 per ounce during the 24 hours ending 23:00GMT, tracking heavy gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.31, with the silver trading 1.12% … Continue reading
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Gold: Yellow metal trading on a weaker footing in the Asian session
Gold Movement Gold prices traded higher by 5.11% against the USD in the 24 hour period ending 23:00GMT, at 1212.20 per ounce, registering its highest 1-day gain since 2013, amid a broad weakening in the greenback. The safe haven appeal … Continue reading
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AUD/USD: The RBA kept interest rates unchanged at 2.5%
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.22% against the USD to close at 0.8496. LME Copper prices declined 2.00% or $130.5/MT to $6385.0/MT. Aluminium prices declined 2.44% or $50.5/MT to $2021.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.99% against the CAD to close at 1.1322. The CAD traded on a stronger footing, after Canada’s manufacturing PMI remained steady at 12-month high reading of 55.3 in … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc reverses its gains this morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9645. In economic news, the Swiss SVME PMI fell more than expected to a reading of 52.1 in November, compared to … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen reverses its gains in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.41% against the JPY and closed at 118.30. Yesterday, Global rating agency, Moody’s highlighted its concerns over Japan’s ability to reduce its debt level and downgraded its credit … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading flat ahead of the UK construction PMI data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.63% against the USD and closed at 1.5731, following an upbeat manufacturing PMI data in the UK. The manufacturing PMI in the UK surprisingly climbed to 53.5 in … Continue reading
Posted in GBP/USD
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EUR/USD: Euro reverses its gains in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.2473. However, gains in the Euro were kept in check following disappointing manufacturing PMI data in the Euro-zone as well as … Continue reading
Posted in EUR/USD
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