Monthly Archives: March 2011

Silver: Trading lower this morning

Silver prices rose 1.85 % to USD 35.88 per ounce on Friday during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 35.84 per ounce, 0.11% lower, from 23:00GMT. The first level of … Continue reading

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Gold: Yellow Metal shines further amid worries over nuclear issues in Japan

Gold prices traded higher by 0.57% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1,418.90 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,423.38 per ounce, 0.32% higher from 23:00GMT, … Continue reading

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USD/CAD: USD higher this morning

For the 24 hours to 23:00 GMT, USD declined 0.33% against the CAD on Friday to close at 0.9719. In Canada, employment increased by 15100 in February compared to an increase of 69200 in January. Meanwhile, unemployment rate remained unchanged … Continue reading

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AUD/USD: Australian dollar slips in Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 1.45% against the USD on Friday to close at 1.0153. In the Asian session at 4:00GMT, the pair is trading at 1.0065, 0.87% lower from the New York session close. The … Continue reading

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USD/CHF: Swiss Franc trading flat in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.26% against the CHF on Friday and closed at 0.9297. In the Asian session, at 4:00GMT, the pair is trading at 0.9298, 0.01% higher from the New York session close. The … Continue reading

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USD/JPY: BoJ to inject $146 billion to stabilize markets after earthquake; USD trading higher in Asian session

For the 24 hours to 23:00 GMT, USD weakened 1.33% against the JPY on Friday and closed at 81.88. In the US, New York Fed President William Dudley, indicated that the US economy has improved considerably in the past six … Continue reading

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GBP/USD: Trading lower this morning

For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD on Friday and closed at 1.6076. BoE Governor King stated that leading nations must agree on a “grand bargain” to rebalance the world economy to prevent the … Continue reading

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EUR/USD: Continues to rise in the Asian session

For the 24 hours to 23:00 GMT, EUR rose 0.71% against the USD on Friday and closed at 1.3893. In Germany, CPI rose by 0.5% (M-o-M) in February, compared to a decline of 0.4% in January. Additionally, WPI rose to … Continue reading

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Japan hit by strong earthquakes and tsunamis

The yen spiked half a big figure lower after a strong earthquake hit Japan, and risk currencies in genera fell. EURUSD traded 1.3775-1.3832, USDJPY 82.78-83.30. Continue reading

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EUR/USD: Euro backpedals as sovereign debt woes mount, Rises in Asian session

For the 24 hours to 23:00 GMT, EUR declined 0.78% against the USD and closed at 1.3795, after Moody’s Investors Service downgraded Spain’s sovereign debt rating by a notch to Aa2 with a negative outlook, citing that it was uncertain … Continue reading

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GBP/USD: Trading higher today morning

For the 24 hours to 23:00 GMT, GBP fell 0.90% against the USD and closed at 1.6054. BOE kept its benchmark interest rate at record low as policymakers decided to sideline concerns on increasing inflation pressures so as to support … Continue reading

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