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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 3, 2013
AUD/USD: Australia’s PPI records a rise in Q12013
For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 1.0253, after building approvals in Australia slumped 5.5% in March. LME Copper prices declined 0.1% or $4.50/MT to $6870.5/MT. Aluminium prices rose 0.8% or … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s trade balance recorded a surplus in March
For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD to close at 1.0109. On economic front, Canada’s international merchandise trade balance swung to a surplus of C$24 million in March as compared to a … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss manufacturing PMI advanced in April
For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 0.9348. In Switzerland’s economic news, the seasonally adjusted manufacturing PMI rose to a reading of to 50.2 in April, against the expected … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading tad lower in the Asian session
For the 24 hours to 23:00 GMT, the USD strengthened 0.82% against the JPY and closed at 97.95, as some positive economic data out of the US supported the greenback. Yesterday, in the US, official data revealed that the … Continue reading
Posted in USD/JPY
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Crude Oil: Oil advanced more than 3%; trading lower this morning
Crude Oil prices surged 3.24% against the USD for the 24 hour period ending 23:00GMT, closing at 93.87, as a drop in US jobless claims and a rate cut by the European Central Bank raised hopes for an increase … Continue reading
Posted in Crude Oil
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Silver: White metal moving northwards this morning
Silver prices rose 0.69% to the USD23.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 24.08, 1.03% higher from yesterday’s close. Silver is expected to find support at 23.61, … Continue reading
Posted in Silver
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Gold: Yellow metal increased amid optimism over rise in demand
Gold prices traded higher by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1467.32 per ounce, as rate cut by the European Central Bank raised optimism for future demand for the precious metals. In the … Continue reading
Posted in Gold
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GBP/USD: Pound reversed gains on upbeat US economic data
For the 24 hours to 23:00 GMT, GBP fell 0.22% against the USD and closed at 1.5535, as upbeat US economic data overshadowed the better-than-expected rise in the UK construction PMI. The greenback strengthened as the US trade deficit … Continue reading
Posted in GBP/USD
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EUR/USD: Euro slipped as ECB slashed interest rates; trading tad higher in the Asian session
For the 24 hours to 23:00 GMT, EUR declined 0.86% against the USD and closed at 1.3066, after the European Central Bank (ECB) lowered its key interest rate by 25 basis points to 0.50%. Moreover, the ECB President, Mario … Continue reading
Posted in EUR/USD
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