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AUDUSD flirting with 2-month lows Forex News 

AUDUSD Trade from the short side

AUDUSD Trade from the short side AUDUSD Buz Investors short side The pair is trading at 0.7672 at 10:40 GMT this morning, with the Australian Dollar trading marginally higher against US Dollar from the New York close. Overnight data revealed that Australia’s HIA new home sales declined on a monthly basis in January. This morning, the pair traded at a high of 0.7690 and a low of 0.7664. The Australian Dollar traded slightly lower against the US Dollar in the New York session yesterday, with the pair closing the session…

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Specs Cover Short Euro and Yen, but Buy the Aussie Forex News 

Specs Cover Short Euro and Yen, but Buy the Aussie

Specs Cover Short Euro and Yen, but Buy the Aussie Specs Cover Short  Speculative activity picked up in the latest CFTC reporting period ending January 24. There were three gross position adjustments of more than 10k contracts. Speculators covered 11.1k previously sold euro futures to reduce the gross short position to 184.3k contracts. Though it still is large, it reflects a 30% reduction from the peak in late October. Since then the gross long position has been essential flat. The fact the euro’s gains in the spot market reflects short-covering…

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Gold edges down on US interest rate optimism commodities 

$XAGUSD Gold short sellers take ‘no prisoners;’ demand in China soars

Gold short sellers take ‘no prisoners;’ demand in China soars Buz Investors Gold short sellers currently, Gold spot is buying and selling at 1188.forty six, down -1.07% or (1269)-pips at the day, having published a every day high at 1202.fifty eight and coffee at 1184.forty one. ancient facts to be had for investors and buyers, during January, shows that Gold spot had the satisfactory trading day at +1.41% (Jan.05) or 1664-pips, and the worst at -1.eleven% (Jan.18) or (1331)-pips. Other Stories buz Traders Follow $XAGUSD CORRECTION TARGETS FOR GOLD PRICE,…

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Biggest Banks $70 Billion Short in Fed Push to Prevent Bailout Market Trends 

Biggest Banks $70 Billion Short in Fed Push to Prevent Bailout

Biggest Banks $70 Billion Short in Fed Push to Prevent Bailout Buz Investors Biggest Banks  Wall Street banks are about $70 billion short in building up funds the Federal Reserve says they’ll need to tap following a collapse, down by almost half from the central bank’s earlier estimates. The eight biggest US financial firms are required to build cushions of long-term debt that can be transformed into equity in a new company if the old one fails, according to a rule the Fed governors are expected to approve Thursday. Stockpiles of…

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Speculators Net Short Yen in the Futures Market for the First Time in a Year Forex News 

Speculators Net Short Yen in the Futures Market for the First Time in a Year

Speculators Net Short Yen in the Futures Market for the First Time in a Year Buz Investors Speculators Net Short Yen The US dollar rose more than 8.5% against the yen in November, and finally at the end of the month, speculators finally switched to a new short position for the first time this year. In the CFTC reporting week ending November 28, speculators added 12.1k contracts to their gross short position, lifting it to 72.4k contracts. Speculators added a little less than one thousand contracts to the gross longs,…

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Crude oil prices fall Energy 

Crude oil prices fall as OPEC deal-making falls short

Crude oil prices fall as OPEC deal-making falls short Oil Buz Investors Crude oil prices fall The commodity is trading at $48.56 per barrel at 09:40 GMT this morning, 0.21% lower from the New York close. Crude oil witnessed a high of $48.74 per barrel and a low of $48.26 per barrel during the session. The commodity declined in the New York session on Friday, closing 1.32% lower at $48.66 per barrel, as investors got skeptical about OPEC’s ability to strike a proposed deal to curb output. Separately, Baker Hughes…

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Gold slips ahead of Fed Forex News 

Gold Price Trends Downwards in Short Term

Gold Price Trends Downwards in Short Term Gold Buz Investors Gold Price Trends Downwards  Gold is trading at $1254.30 per ounce at 09:40 GMT this morning, 0.21% higher from the New York close. This morning, the precious metal traded at a high of $1257.00 per ounce and a low of $1251.10 per ounce. On Friday, gold traded 0.06% lower in the New York session and closed at $1251.70 per ounce, as a rally in global equity markets dented demand for the precious yellow metal. Immediate downside, the first support level is…

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AUDUSD gains bolstered by USD softness Forex News 

AUDUSD Short Trade Setup Stop Loss

AUDUSD Short Trade Setup Stop Loss AUD-USD Buz Investors AUDUSD Short Trade Setup The pair is trading at 0.7548 at 09:40 GMT this morning, with the Australian Dollar trading 0.75% lower against US Dollar from the New York close. Earlier in the session, data showed that, Australia’s NAB business confidence index remained steady in September. This morning, the pair traded at a high of 0.7610 and a low of 0.7537. The Australian Dollar traded a tad higher against the US Dollar in the New York session yesterday, with the pair closing…

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Gold prices post largest gain in two weeks commodities 

Gold price fight back cut short

Gold price fight back cut short Gold Buz Investors take note Gold price fight The precious metal is trading at $1267.80 per ounce at 09:40 GMT this morning, 0.2% lower from the New York close. This morning, the precious metal traded at a high of $1271.60 per ounce and a low of $1265.10 per ounce. Yesterday, gold traded 0.35% lower in the New York session and closed at $1270.30 per ounce, after upbeat US non-manufacturing data stoked expectations that the Fed will hike interest rates by the end of this…

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AUDUSD gains bolstered by USD softness Forex News 

AUDUSD Short Term Levels Ahead of China’s CPI Data

AUDUSD Short Term Levels Ahead of China’s CPI Data AUDUSD Short Term Levels surged higher last week after the RBA cut rates to 1.5%, as the market appeared to have interpreted the central bank’s statement as not indicative of further rate cuts at the moment. In this context, the Australian Dollar may still find support as a 1.5% rate is still attractive in the current record low yield environment. In their policy statement, the RBA said that actions by Chinese policymakers are supporting the near-term growth outlook, but the underlying…

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