Daily Archives: May 13, 2013

USD/JPY: Yen continues to decline against the Dollar

  On Friday, the USD strengthened 0.69% against the JPY and closed at 101.54. In the Asian session, at GMT0300, the pair is trading at 101.93, with the USD trading 0.39% higher from Friday’s close, following the release of money … Continue reading

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USD/CAD: Canadian unemployment remained unchanged in April

  On Friday, the USD rose 0.42% against the CAD to close at 1.0114. The unemployment rate in Canada came in unchanged at 7.2% in April, and in line with market expectations. Meanwhile, the number of people employed rose less-than-expected … Continue reading

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GBP/USD: UK trade deficit narrowed less-than-expected in March

  On Friday, GBP fell 0.58% against the USD and closed at 1.5354. In the UK, total trade deficit fell to £3.130 billion in March, from a revised £3.391 billion deficit recorded in the previous month. Market had expected a … Continue reading

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USD/CHF: Swiss Franc trading lower this morning

  On Friday, the USD rose 0.68% against the CHF and closed at 0.9570. In the Asian session, at GMT0300, the pair is trading at 0.9594, with the USD trading 0.25% higher from Friday’s close. The pair is expected to … Continue reading

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AUD/USD: Aussie trading higher on robust home loans data

  On Friday, the AUD weakened 0.66% against the USD to close at 1.0009. LME Copper prices rose 1.1% or $79.5/MT to $7390.5/MT. Aluminium prices declined 0.9% or $16.50/MT to $1848.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading

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EUR/USD: Euro continues to trade lower in the Asian session

  On Friday, EUR declined 0.38% against the USD and closed at 1.2983. On the macro front, German trade surplus rose to a seasonally adjusted €17.6 billion in March, from a revised €17.7 billion recorded in the previous month. Exports … Continue reading

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Crude Oil: Oil fell after OPEC’s April report

  On Friday, Crude Oil prices declined 0.19% against the USD for the 24 hour period ending 24:00GMT, closing at 95.94, on renewed global demand concerns after the Organization of Petroleum Exporting Countries (OPEC) left its 2013 estimate unchanged and … Continue reading

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Gold: Gold lower on strong dollar

  On Friday Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 24:00GMT, at 1446.35 per ounce, as the greenback strengthened on signs of improvement in the US economy, eroding the safe haven demand … Continue reading

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Silver: White metal trading lower this morning

  On Friday, Silver prices rose 0.68% to the USD 23.84 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.65, 0.80% lower from yesterday’s close. Silver is expected to find … Continue reading

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