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CBI Industrial Trends Survey total orders higher than estimates

FXStreet (London) - The Confederation of British Industry's Industrial Trends Survey showed that total orders came in at +5 in December. Export orders slowed declines to -13 from -17 in November. Volume of output for the last 3 months declined to +13 from +15 in November, however it is expected that output over the next 3 months will rise to +16 from +12. Average selling prices in the next 3 months are expected to rise +7 in December from -1 in November.

Hedge funds most bullish on Gold since August

Hedge funds turned most bullish on Gold since August during the week ended Dec. 9, contradicting the investment bank Goldman Sachs prediction that Gold prices will weaken.
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USD/CHF climbs higher, 0.97 handle in sight

The US dollar regained strength against the Swiss franc and traded higher during mid-European session, possibly on the back of short covering after the greenback hit weekly lows against the Swissie on Friday.
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