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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: May 31, 2018
Trading Signals as per 31-May-2018
Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9848 0.9908 USD/CAD BUY Active 1.2798 1.2608 EUR/JPY SELL Active 127.72 126.12 NZD/USD BUY Active 0.6966 0.7018 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading
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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.91% against the USD and closed at USD68.14 per barrel, following reports that OPEC and Russia would stick to their oil supply cuts until the end of … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a weaker footing this morning
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.73% against the USD and closed at USD16.54 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.52, with silver trading 0.09% lower against the … Continue reading
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Gold: Yellow metal trading a tad higher in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1306.10 per ounce, amid weakness in US Dollar. In the Asian session, at GMT0300, the pair is trading at 1306.60, with gold … Continue reading
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AUD/USD: RBA would start raising interest rates by the year-end: OECD
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.95% against the USD and closed at 0.7573. Yesterday, the OECD stated that it expects Australia’s economic growth to accelerate by 2.9% in 2018 and by 3.0% next … Continue reading
Posted in AUD/USD
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USD/CAD: BoC maintained key interest rate steady, keeps door open for a June rate hike
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.0% against the CAD and closed at 1.2890. The Canadian Dollar advanced against the USD, after the Bank of Canada (BoC), at its May monetary policy meeting, hinted … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s ZEW expectations index jumped in May, while KOF leading indicator unexpectedly fell in the same month
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CHF and closed at 0.9888. On the data front, Switzerland’s ZEW economic expectations index rose to a level of 28.0 in May, after registering a … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s consumer confidence increased marginally in April
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 108.82. On the data front, Japan’s consumer confidence index slightly increased to a level of 43.8 in May, compared to market … Continue reading
Posted in USD/JPY
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GBP/USD: UK economy would grow at a faster pace this year and next: OECD
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.20% against the USD and closed at 1.3284. Yesterday, the Paris based think tank, OECD raised Britain’s growth outlook to 1.4% this year and to 1.3% in 2019, … Continue reading
Posted in GBP/USD
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EUR/USD: German inflation figures climbed more than estimated
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.07% against the USD and closed at 1.1664, as renewed efforts to form a coalition government in Italy reduced fears of an early election. On the economic front, … Continue reading
Posted in EUR/USD
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