Daily Archives: May 20, 2013

GBP/USD: UK house prices advanced in May

  On Friday, GBP fell 0.69% against the USD and closed at 1.5171. The Rightmove house prices data from the UK released over the weekend indicated an improvement in the UK housing market. On an annual basis, the house price … Continue reading

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USD/CHF: Swissy trading higher in the Asian session

  On Friday, the USD rose 0.83% against the CHF and closed at 0.9730. In the Asian session, at GMT0300, the pair is trading at 0.9692, with the USD trading 0.39% lower from Friday’s close. The pair is expected to … Continue reading

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USD/JPY: Yen bounces back after Japan’s Economy Minister’s comment

  On Friday, the USD strengthened 1.03% against the JPY and closed at 103.19. In the Asian session, at GMT0300, the pair is trading at 102.69, with the USD trading 0.49% lower from Friday’s close. The Yen rebounded, after Japan’s … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

  On Friday, EUR declined 0.43% against the USD and closed at 1.2828, as dollar strengthened on talks of the Federal Reserve winding down its bond buying program. In economic news, construction output in the Euro-zone continued to decline for … Continue reading

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USD/CAD: Loonie retreated as inflation in Canada slowed; trading tad higher this morning

  On Friday, the USD rose 0.96% against the CAD to close at 1.0284. The Canadian Dollar came under pressure after a report indicated that the nation’s inflation reached to the lowest level since 2009, igniting speculation over a possible … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

  On Friday, the AUD weakened 0.93% against the USD to close at 0.9736. The greenback traded higher as the US leading indicator registered an improvement in May and the preliminary consumer confidence index surged in May. LME Copper prices … Continue reading

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Crude Oil: Oil advanced on rise demand expectations

  On Friday, Crude Oil prices advanced 0.83% against the USD for the period ending 21:00GMT, closing at 95.94, after a better-than-expected rise in the US consumer sentiment index raised optimism over fuel demand. In the Asian session, at GMT0300, … Continue reading

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Silver: White metal trading lower in the morning session

  On Friday, Silver prices declined 1.86% to the USD22.24 per ounce during the period ending 21:00GMT, tracking the downward trend in precious metals. In the Asian session, at GMT0300, Silver is trading at 21.53, 3.17% lower from Friday’s close. … Continue reading

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Gold: Yellow metal dropped as dollar gained; trading lower this morning

  On Friday Gold prices traded lower by 1.87% against the USD in the period ending 21:00GMT, at 1359.15 per ounce, as the greenback strengthened following an upbeat US consumer sentiment data. In the Asian session, at GMT0300, Gold is … Continue reading

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