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Market Review 24.01.2013
The Australian dollar saw significant gains against the JPY last night, following the release of positive Chinese manufacturing data which boosted investor confidence in the global economic recovery....
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Market Trends 24.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1666.47 Resistance- 1693.29 Silver- May see downward movement today Support- 30.97...
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Market Review 25.01.2013
Renewed speculations that the Bank of Japan will initiate fresh monetary easing measures kept the USD/JPY well above the 90.00 level during Asian trading last night. The pair is currently trading at...
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Market Trends 25.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1663.24 Resistance- 1685.74 Silver- May see upward movement today Support- 31.41...
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Market Review 28.01.2013
The euro saw a minor downward correction against the US dollar during overnight trading, but remained within reach of its recent 11-month high of 1.3477. The euro’s recent bullish run has been...
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Market Trends 28.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1642.42 Resistance- 1671.98 Silver- May see downward movement today Support- 30.22...
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Market Review 29.01.2013
An increase in Australian business confidence led to investor risk taking during overnight trading, which boosted higher-yielding assets. The AUD/USD gained close to 40 pips to reach as high as...
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Market trends 29.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1651.45 Resistance- 1671.31 Silver- May see upward movement today Support- 30.22...
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Market Review 30.01.2013
The EUR/USD shot up to a 14-month high in early morning trading today, as investor confidence in the euro-zone economic recovery continues to boost riskier assets. The pair, which is currently trading...
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Market Review 31.01.2013
The euro traded just below a 14-month high of 1.3586 against the US dollar during overnight trading last night, after the Fed decided yesterday to leave their policy of monetary easing in place....
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Market Review 01.02.2013
The EUR/USD shot up to a 15-month high during the Asian session last night, as confidence in the euro-zone economic recovery continued to generate risk taking among investors. Meanwhile, the Japanese...
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Euro Gains On U.S Dollar After Positive German Data
The Euro made its biggest gains against the U.S Dollar during Friday’s trading due to an unexpected rise in German business confidence, resulting in investors leaning towards riskier assets. The...
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Bullion Market Outlook For This Week
Both gold and silver during last weeks trading did not show any major movements or solid directions, with the yellow metal weakening for the majority of the week whilst silver prices traded slightly...
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Crude Oil Outlook This Week
Despite Crude Oil’s gains towards the end of last week, the commodity during last weeks trading, saw no clear trend or any major movements. At the end of last week,crude oil appreciated almost 0.8...
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Gold Tumbles As U.S Dollar Strengthens
The price of gold has weakened to a two-week low after a boost in the U.S dollar had made the metal less appealing as an alternative investment during Monday’s trading. Silver experienced even greater...
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Pound Strengthens On Renewed Concern Over Euro-Zone
The Pound appreciated against the 17 nation euro during Monday’s trading ahead of fresh concerns over Europe’s debt crisis. UK 10-Year Gilts climbed for the first time in 5 days as investors took to...
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Yen Declines Versus Majors Ahead Of BoJ Meeting
The Japanese Yen traded down versus the majority of its currency counterparts ahead of speculation that officials from the Bank of Japan will add stimulus measures at a policy meeting expected to take...
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Canadian Dollar Rises to 7-Month High Versus U.S Dollar
The Canadian Dollar appreciated to a seven-month high versus its currency counterpart, the U.S dollar.The rise of the “loonie” was a result of speculation that the global growth outlook is on the...
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Pound Drops As U.K Falls Into New Recession
The British Pound saw its biggest decline in two months against the Euro as statistics indicate the UK has officially gone into another recession. The sterling also slid from a seven-month high versus...
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Crude Oil Climbs To 1-Week High
Crude oil climbed to a one-week high after policy makers at the Federal Reserve mentioned that they speculate growth to move ahead at an accelerated pace. The rise comes after the commodity dropped as...
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