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Daily Archives: April 14, 2014
Crude Oil: IEA slashed its forecast for global oil demand by 100,000 barrels a day
Crude Oil Movement On Friday, Crude Oil prices advanced 0.49% against the USD for the period ending 21:00GMT, closing at 103.74, as the latest upbeat US economic data bolstered the demand outlook of the commodity in the nation, known as … Continue reading
Posted in Crude Oil
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Silver: Silver trading higher, following Friday’s fall
Silver Movement On Friday, Silver prices declined 0.14% to USD 20.00 per ounce during the period ending 21:00GMT. A report showed that gold and silver imports into India, the world’s second biggest buyer of the metal, dropped 40% to $33.46 … Continue reading
Posted in Silver
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Gold: Safe-haven metal extends its gains amid escalating Ukraine tensions
Gold Movement On Friday, Gold prices traded slightly higher against the USD in the period ending 21:00GMT, at 1318.42 per ounce. Data from India, world’s second largest importer of gold, showed that gold and silver imports to the nations dropped … Continue reading
Posted in Gold
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AUD/USD: Aussie trading tad lower amid lack of economic releases from Australia
AUDUSD Movement On Friday, the AUD strengthened marginally against the USD to close at 0.9399. LME Copper prices rose 0.7% or $48.5/MT to $6686.0/MT. Aluminium prices declined 0.7% or $13.0/MT to $1840.5/MT. In the Asian session, at GMT0300, the pair … Continue reading
Posted in AUD/USD
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USD/CAD: Policymakers watching deflation risk but encouraged by improving domestic outlook, says, BoC Governor, Poloz
USDCAD Movement On Friday, the USD rose 0.27% against the CAD to close at 1.0962, buoyed by the latest batch of upbeat economic releases from the US economy. Following the G-20 meeting, the Bank of Canada (BoC) Governor, Stephen Poloz … Continue reading
Posted in USD/CAD
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USD/CHF: SNB’s minimum exchange rate still very important for the Swiss Franc, opines SNB President, Jordan
USDCHF Movement On Friday, the USD declined 0.10% against the CHF and closed at 0.8753. During an interview in Washington, the Swiss National Bank (SNB) President Thomas Jordan, opined that the Swiss Franc still remains highly valued and as a … Continue reading
Posted in USD/CHF
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USD/JPY: BoJ is ready to act if risks to its price target materialize, says, BoJ’s Chief, Kuroda
USDJPY Movement On Friday, the USD strengthened 0.18% against the JPY and closed at 101.58, as traders cheered the recent upbeat producer inflation and consumer sentiment data from the US economy. Meanwhile, the Japanese Yen came under pressure after the … Continue reading
Posted in USD/JPY
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GBP/USD: UK construction output registered the biggest fall since November 2013 in February
GBPUSD Movement On Friday, GBP fell 0.19% against the USD and closed at 1.6745, as the greenback advanced following upbeat US producer inflation and consumer sentiment data. On the macro front, construction output in the UK declined 2.8% (MoM) in … Continue reading
Posted in GBP/USD
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EUR/USD: A further appreciation in the Euro could trigger additional stimulus measures in the Euro-zone, says ECB’s Chief, Draghi
EURUSD Movement On Friday, EUR ended the day flat against the USD and closed at 1.3887, paring some of it initial losses after an ECB policymaker, Jens Weidmann opined that he did not see a deflation spiral in the Euro-zone, … Continue reading
Posted in EUR/USD
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