Daily Archives: April 16, 2014

Crude Oil: API reported a more than expected rise in the US weekly crude supplies

Crude Oil Movement Crude Oil prices advanced 0.29% against the USD for the 24 hour period ending 23:00GMT, closing at 103.78, as escalating tension in Ukraine overshadowed easing concerns on the Libya oil supply. However, the gains in the commodity … Continue reading

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Silver: White metal continues to trade lower in the Asian session

Silver Movement Silver prices declined 2.15% to USD 19.54 per ounce during the 24 hours ending 23:00GMT, tracking a fall in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.48, 0.32% lower from yesterday’s close. Silver … Continue reading

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Gold: Yellow metal extends its downward trend in the Asian session

Gold Movement Gold prices traded lower by 1.73% against the USD in the 24 hour period ending 23:00GMT, at 1302.81 per ounce, amid profit-taking and a stronger US Dollar. The prices of the yellow metal also came under pressure after … Continue reading

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AUD/USD: Aussie reverses its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.73% against the USD to close at 0.9343, hurt by the RBA minute’s dovish stance on the Aussie. LME Copper prices declined 0.2% or $15.0/MT to $6630.0/MT. Aluminium prices … Continue reading

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USD/CAD: Loonie trading flat as traders await the BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.0986, following the release of a strong US consumer inflation data for March. In Canada, data showed that manufacturing shipments in … Continue reading

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USD/CHF: Swiss Franc steady in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.8805, as traders cheered an upbeat rise in the US consumer price index for March. On the economic front, Switzerland’s producer … Continue reading

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USD/JPY: Japan making progress towards the central bank’s 2% inflation target, reiterates BoJ Chief, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly weakened against the JPY and closed at 101.88. Yesterday, Japan’s Chief Cabinet Secretary, Yoshihide Suga indicated that, during a lunch meeting, Japan Prime Minster, Shinzo Abe and the … Continue reading

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GBP/USD: Pound trading marginally higher with focus on UK claimant count and unemployment data

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6724, as the latter advanced following an upbeat US consumer inflation data. In the UK, the National Statistics reported that consumer price … Continue reading

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EUR/USD: Euro trading tad higher ahead of the Euro-zone’s consumer inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3811. The US Dollar advanced after an official report showed that annual consumer inflation rate in the US rose more-than-expected to 1.5% … Continue reading

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