2012-01-24

Fx.Silver $32


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KP Finance  -  Jan 24, 2012  -  Public
LONDON (Reuters) - The euro zone may yet escape recession thanks to a surprise upturn in the service sector that outweighed the ongoing contraction in manufacturing this month, surveys showed on Tuesd...
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KP Finance

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The price of silver would be $58-60 by September, a spectacular gain on the price of $32 an ounce on Monday. His reasoning is that the shift from paper money to real assets will benefit silver more th...
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India is the first buyer of Iranian oil to agree to pay for its purchases in gold instead of the US dollar, DEBKAfile's intelligence and Iranian sources report exclusively. Those sources expect China ...
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"Gold needs to break and hold above the $1,683-$1,685 mark in the next few sessions to cross the $1,705-$1,720 mark; else we are possibly heading first to$1,631,"

http://www.reuters.com/article/2012/01/24/markets-precious-idUSL4E8CO0L120120124
* Gold near 6-week high, eyes on Fed * Coming Up: Redbook Weekly U.S. retail sales; 1355 GMT (Updates prices, adds fresh quotes) By Lewa Pardomuan SINGAPORE, Jan 24 (Reuters) - Gold ticked
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BERLIN -(Dow Jones)- The head of the International Monetary Fund called on private creditors to be "constructive" in helping to find a debt restructuring deal with Greece and urged Eu...
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BRUSSELS -(Dow Jones)- Greece has the "green light" to finish its negotiations with its private creditors in the coming days, its finance minister Evangelos Venizelos said Tuesday. ...
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KP Finance

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the pair could well inch higher this week to the 1.3077-3145
“We view near term strength as corrective only and our longer term bias is bearish, and our longer term target is 1.2083, MA 200d”,

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=dfa8987e-981a-4bef-8a19-95525cec2fb4
Upbeat sentiment about a solid progress regarding the PSI talks in the Greek debt crisis front has bolstered the impressive rally in the single currency since the ...
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KP Finance  -  Jan 24, 2012  -  Public
Thailand may cut interest rates for the second consecutive meeting to help spur a recovery from the worst floods in almost 70 years and as a deteriorating global economy threatens growth.
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European finance ministers balked at putting up more public money for Greece, calling on bondholders to provide greater debt relief in order to point the way out of the two-year-old debt crisis.
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KP Finance  -  Jan 23, 2012  -  Public
Will S&P look to downgrade Japan next? In August, Moody's lowered Japan by one notch. Would an S&P downgrade help or hurt the yen, with CNBC's Melissa Lee and the Money In Motion traders.http://video.cnbc.com/gallery/?video=3000068495
Will S&P look to downgrade Japan next? In August, Moody's lowered Japan by one notch. Would an S&P downgrade help or hurt the yen, with CNBC's Melissa Lee and the Money In Motion trade...
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KP Finance  -  Jan 23, 2012  -  Public
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Sabine Shels, senior director and global commodity strategist at BofA Merrill Lynch Global Research, told CNBC, "sanctions against Iran could be a big risk for oil prices to go higher, simply Iran is ...
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Christine Lagarde calls on Brussels to drop opposition to bigger fund as Greece and its creditors remain at loggerheads
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Germany and France pressed on Monday for a rapid deal between Greece and its private creditors that cuts its soaring debt to sustainable levels and said they were committed to a sealing a new bailout for Athens by March to avert a disastrous default.http://uk.reuters.com/article/2012/01/23/uk-eurozone-ministers-idUKTRE80L10920120123
PARIS/BERLIN (Reuters) - Germany and France pressed on Monday for a rapid deal between Greece and its private creditors that cuts its soaring debt to sustainable levels and said they were committed to...
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KP Finance  -  Jan 23, 2012  -  Public
European sovereign debt crisis is going round in circles.
http://uk.reuters.com/article/2012/01/23/uk-eurozone-circles-idUKTRE80M0DM20120123
PARIS (Reuters) - There are weeks when it can sound as if the European sovereign debt crisis is going round in circles.Barbed exchanges between Italian Prime Minister Mario Monti and German Chancellor...
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KP Finance  -  Jan 23, 2012  -  Public
65 percent saying they see a need to prepare for the currency block's partial or complete collapse http://uk.reuters.com/article/2012/01/23/uk-japan-economy-tankan-idUKTRE80M0AZ20120123
TOKYO (Reuters) - Japanese manufacturers are bracing for a possible breakup of the euro zone, according to a Reuters poll released on Monday, with 65 percent saying they see a need to prepare for the ...
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KP Finance  -  Jan 23, 2012  -  Public
EUR/USD Extends Correction Rally; 1.3080 then 1.32 are Next The 4H EUR/USD chart shows a market that first broke below a rising channel then tested a broken (larger) declining channel resistance twice...
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KP Finance  -  Jan 23, 2012  -  Public
The bullish tone of the pair is finding support in the positive mood set by European stocks, reaching 1.3050 area by the time of writing. Well above 200 EMA in this 4 hours chart, and with indicators ...
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Analysts say some bad political timing and a sense that the Fed is working hand-and-glove with the Obama White House has fueled the attacks on the central bank in the Republican primary
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Voices for a third round of Quantitative Easing have been heard since QE2 ended in June 2011. This process, in which the central banks prints money, had a
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KP Finance  -  Jan 23, 2012  -  Public
Consumers in the 17 countries that use the euro became slightly less downbeat in January, the European Commission said.
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KP Finance  -  Jan 23, 2012  -  Public
LONDON (Reuters) - The European Commission is considering limiting top banker's pay to a multiple of junior staff salaries as well as capping bonuses at a fixed ratio to pay, its regulatory chief said...
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KP Finance  -  Jan 23, 2012  -  Public
Euro zone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private creditors said they could not improve their offer. http://finance.yahoo.com/news/euro-zone-finmins-rule-glacial-083938657.html
Euro zone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private credito...
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KP Finance  -  Jan 23, 2012  -  Public

KP Finance

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KP Finance  -  Jan 23, 2012 (edited)  -  Public
The euro hit its highest level in nearly three weeks against the dollar on Monday on tentative optimism that Greece will cut a deal with its creditors on a debt swap,

Market players were looking to a euro zone finance ministers' meeting on Monday for a decision on the terms of a Greek debt restructuring ministers would be ready to accept in order to pave the way for Athens to access a second bailout
package and avoid a chaotic default.
http://www.reuters.com/article/2012/01/23/markets-forex-idUSL5E8CN1VG20120123
* Euro rises to $1.3014 vs dollar * Hopes rise before euro zone finmin meeting on Greece * Dollar dented ahead of FOMC meeting * Australian dollar hits near 12-week high vs U.S. dollar
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1 share  -  Ray Rivers

KP Finance

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KP Finance  -  Jan 23, 2012  -  Public
Gold's London AM fix this morning was USD 1675.00, GBP 1076.55, and EUR 1294.94 per ounce. Friday's AM fix was USD 1646.00, GBP 1064.68, and EUR 1274.29 per ounce. Cross Currency Table - Bloom...
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3 shares  -  Alex Yong, Ray Rivers, and Trading The Future

KP Finance

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KP Finance  -  Jan 23, 2012  -  Public
Gold - buying gold around 1665.00 targeting 1725.00 and stop loss below 1628.00
Silver - selling silver around 32.40, and take profit in stages at (31.25 and 30.30) and stop loss with 4-hour closing above 33.40


http://www.oilngold.com/analysis/commodity-technical-analysis/technical-analysis-for-precious-metals--2012012320657/
Technical Analysis for Precious Metals With a daily closing above the initial resistance-turned into support- of 1665.00, the metal has found a rational reason to continue its upside recovery. Actual...
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KP Finance  -  Jan 23, 2012  -  Public
Gold Trying to stay above 200 SMA. Price yet to give a large move away from 200 SMA.
Price need to close above the resistance line too for avoiding a fall.Bearish candles at the resistance line may lead to a fall.
http://niftychartsandpatterns.blogspot.com/2012/01/gold-hits-resistance-line.html
This blog tries to capture the potential chart patterns that can change the course of the index or the stock. Home · NIFTY RT CHARTS · NIFTY 50 STOCKS · WORLD INDICES · DOW JONES 30 STOCKS · NASDAQ 10...
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KP Finance

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KP Finance  -  Jan 23, 2012  -  Public

KP Finance

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EURUSD is doing an oversold bounce as seen in the last chart. Up move will pick up momentum if it is able to stay above 61.8% level. Daily chart is trying to stay above 20 Day SMA. Price is moving tow...
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KP Finance  -  Jan 23, 2012  -  Public
According to UBS analysts, asset managers and corporates have been the buyers of the EUR/USD in recent days, while hedge funds and private clients “took advantage of the rebound in the euro to elimina...
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