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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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Daily Archives: May 24, 2011
Euro slightly recovering
The euro staged a modest recovery during the Asia session after a failed attempt to break back below 1.40. EURUSD traded 1.4002-1.4081 and USDJPY 81.77-82.09. Continue reading
Posted in Market Snapshot
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Crude Oil: Trading higher this morning
Oil prices declined 2.66% against the USD for the 24 hour period ending 23:00GMT, closing at 96.95, as Europe’s sovereign-debt problems resurfaced thus fueling investors concerns about the global economic recovery. At GMT 0300, Oil is trading at USD 98.30 … Continue reading
Posted in Crude Oil
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Silver: Silver trading higher this morning
Silver prices declined 0.71% to USD 35.01 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 35.24 per ounce, 0.66% higher, from 23:00GMT. The first level of short term resistance … Continue reading
Posted in Silver
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Gold: Yellow metal continues to cement gains
Gold prices traded higher by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1,515.08 per ounce, as concerns over European debt problems renewed, thus encouraging investors to look for safe-haven assets for investment. In the Asian … Continue reading
Posted in Gold
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AUD/USD: Aussie halts slide in Asian session
For the 24 hours to 23:00 GMT, AUD weakened 1.26% against the USD to close at 1.0499, amid poor Chinese manufacturing data. The Chinese HSBC manufacturing purchasing manager’s index declined to 51.1 in May from 51.8 in April. In the … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian dollar advances in Asian session versus Greenback
For the 24 hours to 23:00 GMT, USD rose 0.33% against the CAD to close at 0.9775, as investors cut holdings in growth-linked currencies on the back of a broad sell off in commodities like crude oil. In the Asian … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading lower this morning
For the 24 hours to 23:00 GMT, USD rose 0.80% against the CHF and closed at 0.8843. In the Asian session, at 3:00GMT, the pair is trading at 0.8846, 0.03% higher from the New York session close. In Switzerland, the … Continue reading
Posted in USD/CHF
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USD/JPY: Investors await pointers from the BoJ monetary policy meeting
For the 24 hours to 23:00 GMT, USD strengthened 0.31% against the JPY and closed at 81.92. In Japan, yesterday, the coincident index declined to 103.5 in March from 106.8 in the previous month. Additionally, the leading economic index declined … Continue reading
Posted in USD/JPY
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GBP/USD: GBP fell as risk appetite decreased, trading marginally higher
For the 24 hours to 23:00 GMT, GBP fell 0.78% against the USD and closed at 1.6092. The pound traded lower against the US dollar on Monday, as concerns over possible debt restructuring in Greece and ratings outlook downgrade in … Continue reading
Posted in GBP/USD
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EUR/USD: Euro falls on debt fears, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.69% against the USD and closed at 1.4026, after Standard & Poor’s cut its outlook on Italy and the Spanish elections raised concerns that European governments were sinking under too much … Continue reading
Posted in EUR/USD
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