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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: April 22, 2013
USD/JPY: Japan recovery a few years away, indicates Taro Aso
On Friday, the USD strengthened 1.35% against the JPY and closed at 99.55. In the Japanese economic news, the all industry activity index climbed 0.6% (MoM) in February, compared to a downwardly revised 1.6% drop recorded in January. Leading … Continue reading
Posted in USD/JPY
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GBP/USD: Pound fell on Fitch downgrade, trading tad higher this morning
On Friday, GBP fell 0.33% against the USD and closed at 1.5232, after Fitch Ratings lowered the UK’s long-term foreign and local currency issuer default ratings one step to “AA+” from “AAA”, citing the weak growth performance of the … Continue reading
Posted in GBP/USD
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USD/CHF: Cap on Swiss Franc ‘indispensable’, indicates SNB Chairman
On Friday, the USD rose 0.10% against the CHF and closed at 0.9333. On Saturday, the Swiss National Bank’s Chairman, Thomas Jordan stated that the risk of a resurgence in the global financial crisis indicates that the Swiss National … Continue reading
Posted in USD/CHF
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USD/CAD: Canadian Dollar starts on a positive note this morning
On Friday, the USD rose marginally against the CAD to close at 1.0264. On the Canadian economic front, the consumer price index (CPI) rose 1.0% (MoM) in March, while the annual core CPI climbed 1.4% in March. Moreover, wholesale … Continue reading
Posted in USD/CAD
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AUD/USD: Australia Dollar moving northwards in the Asian session
On Friday, the AUD weakened 0.13% against the USD to close at 1.0281. LME Copper prices rose 0.2% or $12.5/MT to $6975.0/MT. Aluminium prices declined 0.1% or $2.5/MT to $1871.5/MT. In the Asian session, at GMT0300, the pair is … Continue reading
Posted in AUD/USD
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Crude Oil: Oil trading higher in the Asian session
On Friday, Crude Oil prices declined 0.28% against the USD for the period ending 21:00GMT, closing at 88.01. However, losses were limited amid speculation that the Organization of the Petroleum Exporting Countries may hold an emergency meeting to discuss … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher in the Asian session
On Friday, Silver prices declined 0.30% to the USD23.29 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.53, 1.02% higher from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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EUR/USD: Euro continues to trade higher in the Asian session
On Friday, EUR rose marginally against the USD and closed at 1.3062. The European Central Bank (ECB) board member Jens Weidmann stated that interest rates in Europe are appropriate given current conditions. However, the Euro remained vulnerable as he … Continue reading
Posted in EUR/USD
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Gold: Gold rose on demand for physical gold
On Friday Gold prices traded higher by 0.78% against the USD in the period ending 21:00GMT, at 1403.85 per ounce, following a rise in demand for physical gold. In the Asian session, at GMT0300, Gold is trading at 1422.35, … Continue reading
Posted in Gold
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