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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
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Monthly Archives: March 2011
USD/CHF: Trading flat in Asian session
For the 24 hours to 23:00 GMT, USD declined 0.03% against the CHF and closed at 0.9077. In the US, initial jobless claims, on weekly basis declined to 382,000 for the week ended on 19 March 2011, compared to 387,000 … Continue reading
Posted in USD/CHF
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USD/CAD: Trading flat this morning
For the 24 hours to 23:00 GMT, USD declined 0.44% against the CAD to close at 0.9760. In the US, durable goods orders contracted by 0.9% (M-o-M) in February from 3.6% rise in January. Additionally, the orders for durable goods … Continue reading
Posted in USD/CAD
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AUD/USD: Pair trading marginally above its 50 Hr MA
For the 24 hours to 23:00 GMT, AUD strengthened 0.77% against the USD to close at 1.0204. In the Asian session at 4:00GMT, the pair is trading at 1.0195, 0.09% lower from the New York session close. LME Copper prices … Continue reading
Posted in AUD/USD
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Gold: Trading above its alleviated levels
Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1,431.43 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,433.13 per ounce, 0.12% higher from 23:00GMT. The pair … Continue reading
Posted in Gold
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Silver: Trading higher in Asian session
Silver prices traded flat to USD 37.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 37.39 per ounce, 0.11% higher, from 23:00GMT. The first level of short term resistance … Continue reading
Posted in Silver
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Crude Oil: Oil prices stable amid ongoing Middle East unrest, trading higher this morning
Oil prices advanced 0.02% against the USD for the 24 hour period ending 23:00GMT, closing at 105.46. At GMT 0400, Oil is trading at USD 105.60 per barrel in the Asian session, 0.13% higher from 23:00GMT. The pair has its … Continue reading
Posted in Crude Oil
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Better-than-expected New Zealand growth data
In the absence of any negative news, risk sentiment has been broadly stable in Asian hours. Better-than-expected New Zealand growth data, Japanese manufacturers starting to produce again, and constructive earnings releases in China have all contributed to the steadier tone. Continue reading
Posted in Market Snapshot
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USD/JPY: Greenback trading higher in Asian session
For the 24 hours to 23:00 GMT, USD weakened 0.15% against the JPY and closed at 80.89. In Japan, today morning, trade balance showed a surplus of Â¥654.11 billion in February, following a deficit of Â¥471.4 billion recorded in January. … Continue reading
Posted in USD/JPY
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EUR/USD: Euro pulls back versus greenback as Portugal debates austerity
For the 24 hours to 23:00 GMT, EUR declined 0.61% against the USD and closed at 1.4098, after Portugal’s parliament rejected Prime Minister Jose Socrates’s plan to impose further austerity, after the opposition voted against a government plan to impose … Continue reading
Posted in EUR/USD
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GBP/USD: Trading flat in Asian session
For the 24 hours to 23:00 GMT, GBP fell 0.75% against the USD and closed at 1.6243. In the UK, six out of nine members of Monetary Policy Committee of Bank of England (BoE), including Governor Mervyn King, continued to … Continue reading
Posted in GBP/USD
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USD/CHF: Greenback trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.49% against the CHF and closed at 0.9080. The Federal Reserve Bank of Dallas President, Richard W. Fisher stated that no further monetary stimulus will be needed after the US Federal … Continue reading
Posted in USD/CHF
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