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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: April 2011
USD/CAD: Canadian dollar trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.10% against the CAD, on Friday to close at 0.9598. The Federal Reserve Bank of New York revealed that its general business conditions index rose to a reading of 21.7 in … Continue reading
Posted in USD/CAD
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AUD/USD: Aussie trading flat this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD, on Friday to close at 1.0560. In the Asian session at 3:00GMT, the pair is trading at 1.0558, 0.02% lower from the New York session close. LME … Continue reading
Posted in AUD/USD
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Gold: Gold climbs on concern global inflation accelerating
Gold prices traded higher by 0.52% against the USD, on Friday in the 24 hour period ending 23:00GMT, at 1,484.50 per ounce, as mounting inflation around the globe and Europe’s sovereign-debt crisis prompted investors to buy the precious metals. In … Continue reading
Posted in Gold
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Silver: Continues to traded higher in Asian session
Silver prices rose 1.89% to USD 43.06 per ounce, on Friday during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 43.27 per ounce, 0.49% higher, from 23:00GMT. The first level of short … Continue reading
Posted in Silver
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Crude Oil: Trading flat this morning, even as Saudis cut output
Oil prices advanced 0.60% against the USD, on Friday for the 24 hour period ending 23:00GMT, closing at 109.19, after gaining support from the US macroeconomic data. On Sunday, Saudi Arabia’s oil minister reportedly stated that the nation cut its … Continue reading
Posted in Crude Oil
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EUR/USD: Euro turns lower on peripheral debt concerns
For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD and closed at 1.4485, dented by speculation that Greece and possibly Ireland may be forced to restructure their massive debts, pushing peripheral Euro-zone bond yields higher. Continue reading
Posted in EUR/USD
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GBP/USD: Trading flat this morning
The Bank of England policy maker, Paul Tucker stated that policy makers across the world would need to deepen cooperation and share information to ensure future financial stability. Continue reading
Posted in GBP/USD
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USD/JPY: Japanese Yen soars as the nuclear crisis deepens
For the 24 hours to 23:00 GMT, USD weakened 0.17% against the JPY and closed at 83.63, as Japan’s nuclear crisis deepens. US officials warned of a possible catastrophic nuclear situation in Japan spreading fears and global uncertainty. Continue reading
Posted in USD/JPY
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USD/CHF: Swiss Franc continues its northward journey
For the 24 hours to 23:00 GMT, USD declined 0.35% against the CHF and closed at 0.8926. In Switzerland, the ZEW economic sentiment index rose by 22.3 points to post a reading of 8.8 in April, the first positive reading since August 2010. Continue reading
Posted in USD/CHF
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USD/CAD: Loonie backpedals in Asian session
he Philadelphia Federal Reserve President, Charles Plosser indicated that there is ample evidence that the US economy is on the mend and that a moderate but sustainable recovery was underway. Continue reading
Posted in USD/CAD
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AUD/USD: Aussie falls on speculation China would raise rates
For the 24 hours to 23:00 GMT, AUD strengthened 0.44% against the USD to close at 1.0539. Minneapolis Federal Reserve, President Narayana Kocherlakota stated that the recent rise in oil prices was no prelude to broader price increases that would … Continue reading
Posted in AUD/USD
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