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Monthly Archives: April 2013
EUR/USD: Euro reverses previous session losses
For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3004, amid rising speculation that the European Central Bank would lower interest rates next week. Furthermore, the jobless rate in Spain rose to … Continue reading
Posted in EUR/USD
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GBP/USD: Pound jumped as UK escaped triple-dip recession
For the 24 hours to 23:00 GMT, GBP rose 1.02% against the USD and closed at 1.5434, as the UK economy escaped a triple dip recession by recording a better-than-expected economic growth of 0.3% (QoQ) in the Q12013. Market had … Continue reading
Posted in GBP/USD
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USD/CHF: Swissy continues to trade higher in the Asian session
For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9454. In the Asian session, at GMT0300, the pair is trading at 0.9433, with the USD trading 0.22% lower from yesterday’s close. The … Continue reading
Posted in USD/CHF
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AUD/USD: Aussie moves higher as Chinese business sentiment indicator improves
For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0294, as risk appetite improved among investors following upbeat US jobless data. LME Copper prices rose 1.4% or $99.5/MT to $7035.0/MT. Aluminium prices … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian Dollar edged higher tracking rise in commodity prices
For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CAD to close at 1.0203. The Loonie registered gains as a spike in metal and oil prices lifted the commodity currency. In the Asian session, at … Continue reading
Posted in USD/CAD
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EUR/USD: Dollar pressured on dismal US durables data
For the 24 hours to 23:00 GMT, EUR rose 0.17% against the USD and closed at 1.3016. The greenback came under pressure after the US durable goods orders dropped more-than-expected in March. On a seasonally adjusted monthly basis, orders … Continue reading
Posted in EUR/USD
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GBP/USD: Pound trading higher ahead of GDP data
For the 24 hours to 23:00 GMT, GBP rose 0.33% against the USD and closed at 1.5277. On the economic front, the number of mortgage approvals in the UK increased to 31,227 in March, from 30,579 in February. The … Continue reading
Posted in GBP/USD
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USD/JPY: Yen continues to trade higher in the Asian session
For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 99.43. In the Asian session, at GMT0300, the pair is trading at 99.4, with the USD trading marginally lower from yesterday’s close. … Continue reading
Posted in USD/JPY
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USD/CHF: Swissy trading higher in the Asian session
For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9475. In Switzerland, the UBS consumption indicator rose to a level of 1.25 in March, indicating that demand from Swiss consumers was … Continue reading
Posted in USD/CHF
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USD/CAD: Loonie advanced amid rising commodities
For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0253. The commodity-sensitive loonie recorded gains amid a sharp rise in oil and copper prices. Yesterday, the Bank of Canada Governor, Mark … Continue reading
Posted in USD/CAD
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AUD/USD: Pair trading above its MA’s
For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0276. LME Copper prices rose 1.8% or $124.5/MT to $6935.5/MT. Aluminium prices advanced 0.7% or $12.5/MT to $1871.0/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
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