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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: November 2017
Crude Oil: Oil trading a tad higher, ahead of EIA’s weekly crude oil inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.35% against the USD and closed at USD57.66 per barrel, amid anxiety ahead of an OPEC meeting to discuss output cuts. Additionally, the American Petroleum Institute (API) … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its losses in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.2% against the USD and closed at USD16.92 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.94, with silver … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a stronger footing this morning
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.1% against the USD and closed at USD1297.60 per ounce, amid strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1299.30, with gold … Continue reading
Posted in Gold
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AUD/USD: RBA to hike benchmark interest rate soon, predicts OECD
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7600. Yesterday, the OECD stated that the Australian economy will continue to expand at a robust pace, with the labour market … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s economic growth forecasted to slow next year: OECD
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.2812. Yesterday, the OECD projected the Canadian economy to accelerate 3.0% this year, before slowing to 2.1% in 2018 and 1.9% … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading marginally lower, ahead of Swiss ZEW expectations data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9838. In the Asian session, at GMT0400, the pair is trading at 0.9841, with the USD trading a tad higher against … Continue reading
Posted in USD/CHF
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USD/JPY: BoJ should rethink on monetary policy if inflation remains elusive
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 111.50. Yesterday, the OECD, warned that the Bank of Japan (BoJ) should reassess its loose monetary policy if it is unable … Continue reading
Posted in USD/JPY
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GBP/USD: Britain’s banks could survive a “disorderly Brexit”, says Mark Carney
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3354, in the wake of a report which revealed that UK and the European Union (EU) have agreed a deal over … Continue reading
Posted in GBP/USD
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EUR/USD: OECD boosted Euro-zone’s and global economic growth estimates, urges higher business investment to maintain global growth
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1848. In economic news, Germany’s GfK consumer confidence index remained unchanged at 10.7 in December, in line with market expectations. Meanwhile, … Continue reading
Posted in EUR/USD
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Trading Signals as per 28-November-2017
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1838 1.1918 AUD/USD SELL Active 0.7632 0.7582 USD/CAD SELL Active 1.2842 1.2742 USD/JPY BUY Active 110.88 111.68 GBP/CHF SELL Active 1.3137 1.3030 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
Posted in Trading Signals
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Crude Oil: Oil extends its losses in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.33% against the USD and closed at USD57.86 per barrel, as news of restart of the Keystone crude pipeline raised prospects of higher supply. Additionally, growing uncertainty … Continue reading
Posted in Crude Oil
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