Daily Archives: April 15, 2013

Crude Oil: Oil trading lower on weak Chinese GDP data

On Friday, Crude Oil prices declined 2.81% against the USD for the period ending 21:00GMT, closing at 90.84, as weak US confidence and retail data raised concern over demand prospects. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading

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Silver: White metal also on crash course

On Friday, Silver prices declined 5.98% to the USD26.00 per ounce during the period ending 21:00GMT, in line with fall in gold prices. In the Asian session, at GMT0300, Silver is trading at 24.82, 4.57% lower from Friday’s close. Silver … Continue reading

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Gold: Yellow metal tanked more than 5% on Friday, continues to trade lower this morning

On Friday Gold prices traded lower by 5.16% against the USD in the period ending 21:00GMT, at 1481.02 per ounce, as institutional investors continue to dispose their gold holdings on concerns that global central banks would reduce their gold holdings … Continue reading

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USD/CHF: Swissy trading tad higher in the Asian session

On Friday, the USD declined marginally against the CHF and closed at 0.9298. In the Asian session, at GMT0300, the pair is trading at 0.9296, with the USD trading marginally lower from Friday’s close. The pair is expected to find … Continue reading

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USD/CAD: Loonie softened on disappointing US economic data

On Friday, the USD rose 0.34% against the CAD to close at 1.0138, as a grim consumer sentiment reading and poor retail sales data in the US, Canada’s largest trading partner, took a toll on investor risk appetite. In the … Continue reading

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AUD/USD: Aussie under pressure on weak Chinese economic data

  On Friday, the AUD weakened 0.44% against the USD to close at 1.0501. LME Copper prices ended flat to $7510.0/MT. Aluminium prices declined 0.8% or $14.5/MT to $1841.0/MT. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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USD/JPY: Yen gains as Kuroda paints a positive picture of Japanese markets

On Friday, the USD weakened 0.75% against the JPY and closed at 98.89. In the Asian session, at GMT0300, the pair is trading at 97.67, with the USD trading 1.23% lower from Friday’s close. Early this morning, the Bank of … Continue reading

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EUR/USD: Euro dropped as investor sentiment dented

On Friday, EUR declined 0.27% against the USD and closed at 1.3080, as disappointing US economic data dented investor sentiment. In the US, retail sales retreated 0.4% (MoM) to $418.3 billion in March, compared to a downwardly revised rise of … Continue reading

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GBP/USD: House prices rise in the UK

On Friday, GBP fell 0.32% against the USD and closed at 1.5344. In the UK economic news, construction output dropped 7.0% annually in February, following a revised 5.5% fall in January. Meanwhile, the Conference Board (CB) leading economic index climbed … Continue reading

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