Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,359.80	-1.90	-0.14%
WTI Crude •11 mins	64.11	-0.49	-0.76%
Gasoline •26 mins	2.188	-0.011	-0.51%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 15 mins	68.13	-0.49	-0.71%
Natural Gas • 11 mins	2.977	+0.033	+1.12%
Heating Oil • 11 mins	2.275	-0.034	-1.49%

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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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