Daily Archives: May 9, 2013

EUR/USD: Euro higher after German industrial production increased in March

  For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.3160, after German industrial production increased in March, supporting the recently released German factory orders data. The German industrial production rose unexpectedly by … Continue reading

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USD/JPY: Yen trading higher this morning

  For the 24 hours to 23:00 GMT, the USD rose marginally against the JPY and closed at 98.89. In the Asian session, at GMT0300, the pair is trading at 98.78, with the USD trading 0.11% lower from yesterday’s close. … Continue reading

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GBP/USD: Markets await BoE interest rate decision

  For the 24 hours to 23:00 GMT, GBP rose 0.40% against the USD and closed at 1.5541. Halifax house prices rose 1.1% (MoM) in April, following a revised 0.2% increase recorded in the previous month. Market had expected a … Continue reading

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USD/CHF: Consumer prices in Switzerland continued to fall in April

  For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CHF and closed at 0.9351. In Switzerland, annual consumer price inflation fell to 0.6% in April, in line with market expectations and compared to the similar … Continue reading

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USD/CAD: Canadian April housing starts fell in April

  For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0030. On a seasonally adjusted annual basis, housing starts in Canada dropped to a level of 174.9K units in April, from a … Continue reading

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AUD/USD: Australian unemployment dropped in April

  For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 1.0191. LME Copper prices rose 1.2% or $88.5/MT to $7326.0/MT. Aluminium prices rose 2.4% or $45.00/MT to $1886.5/MT. In the Asian session, at … Continue reading

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Crude Oil: Oil rose as US crude stock piles rose less-than-expected

  Crude Oil prices advanced 1.01% against the USD for the 24 hour period ending 23:00GMT, closing at 96.41, after the US Energy Information Administration (EIA) stated that, during the week ending May 3, crude oil inventory rose 230,000 barrels … Continue reading

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Silver: Silver rose in tandem with the yellow metal

  Silver prices rose 0.27% to the USD 23.91 per ounce during the 24 hours ending 23:00GMT, as robust trade data from China boosted demand for industrial metals. In the Asian session, at GMT0300, Silver is trading at 24.09, 0.73% … Continue reading

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Gold: Gold tad higher this morning

  Gold prices traded higher by 1.54% against the USD in the 24 hour period ending 23:00GMT, at 1472.20 per ounce, as the greenback weakened and on increased physical demand from China and India. In the Asian session, at GMT0300, … Continue reading

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