Commodity Prices

Gold •401 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,340.50	-13.70	-1.01%
WTI Crude •10 mins	63.44	-0.44	-0.69%
Gasoline •11 mins	2.075	-0.003	-0.14%
Ethanol •401 days	2.161	+0.000	+0.00%
Silver •401 days	30.82	+1.16	+3.92%

Silver • 401 days	30.82	+1.16	+3.92%
Copper • 401 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.21	-0.22	-0.33%
Natural Gas • 10 mins	2.997	-0.070	-2.28%
Heating Oil • 10 mins	2.271	+0.005	+0.20%

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EUR/GBP: While Under 0.7963, Rise Seen as Corrective

By - Aug 23, 2012, 6:22 AM CDT

EUR/GBP remains within a large corrective phase. While under 0.7963 we view the move as a corrective phase and look for a lower high versus 0.7963.

Over 0.7963 (06/08/2012 high) will neutralise our current bearish bias. In the meantime, we continue to expect a return to the old trading range between 0.6500 and 0.7000.

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