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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 2013
USD/CHF: Swissy reverses trend; trading tad higher in the Asian session
For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9343. In Switzerland, industrial production rose 1.7% (YoY) in the 4Q 2012, compared to a revised 2.5% growth recorded in the previous … Continue reading
Posted in USD/CHF
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GBP/USD: S&P affirms UK’s ‘AAA’ credit rating
On Friday, GBP rose 0.76% against the USD and closed at 1.5339. Pound was supported after the Standard &Poor’s retained Britain’s sovereign credit rating at ‘AAA’, citing the government capability to meet its fiscal challenges. Meanwhile, Halifax house prices on … Continue reading
Posted in GBP/USD
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USD/CHF: Swissy trading lower this morning
On Friday, the USD declined 0.68% against the CHF and closed at 0.9330. In economic news, foreign currency reserves in Switzerland rose to CHF438.3 billion in March, from revised CHF430.0 billion recorded in the previous month. In the Asian … Continue reading
Posted in USD/CHF
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AUD/USD: Aussie trading lower in the Asian session
On Friday, the AUD weakened 0.35% against the USD to close at 1.0387. LME Copper prices rose 0.5% or $39.5/MT to $7376.0/MT. Aluminium prices rose 0.6% or $11.5/MT to $1845.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie lower on disappointing labour market data
On Friday, the USD rose 0.43% against the CAD to close at 1.0175, as the Canadian economic data released alongwith the US data was disappointing. Canadian unemployment rate rose to 7.2% for March, from 7.0% recorded earlier. Meanwhile, international … Continue reading
Posted in USD/CAD
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Silver: Silver trading lower in the Asian session
On Friday, Silver prices rose 1.85% to the USD 27.42 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.29, 0.46% lower from Friday’s close. Silver is expected to find … Continue reading
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Gold: Gold firmer on sluggish US data, trading lower this morning
On Friday Gold prices traded higher by 1.91% against the USD in the 24 hour period ending 24:00GMT, at 1582.60 per ounce, as the greenback weakened after US recorded worse-than-expected jobs data in March. In the Asian session, at … Continue reading
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EUR/USD: Euro tumbling in the Asian session as Portugal PM announces spending cuts
On Friday, EUR rose 0.67% against the USD and closed at 1.3012. On the economic front, retail sales in the Euro-zone dropped 0.3% (MoM) in February, compared to a revised 0.9% growth recorded in the previous month. However, German … Continue reading
Posted in EUR/USD
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Crude Oil: Oil lower on weak economic data
On Friday, Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 24:00GMT, closing at 93.02, as downbeat economic data from the US and Canada dampened demand prospects for the fuel. In the Asian session, … Continue reading
Posted in Crude Oil
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USD/JPY: Yen continues to trade in the negative territory
On Friday, the USD strengthened 1.27% against the JPY and closed at 97.67. The Yen resumed its previous session losses, on news that the Bank of Japan (BoJ) would begin its proposed bond-buying earlier-than-expected. In the Asian session, at … Continue reading
Posted in USD/JPY
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EUR/USD: Euro trimmed losses on downbeat US jobless data; trading tad higher this morning
For the 24 hours to 23:00 GMT, EUR rose 0.60% against the USD and closed at 1.2926, as an unexpected rise in the US initial jobless claims data for the week ended 30th March 2013 pressured the greenback. However, … Continue reading
Posted in EUR/USD
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