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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 2, 2014
Crude Oil: Crude trading higher, following yesterday’s drop
Crude Oil Movement Crude Oil prices declined 0.47% against the USD for the 24 hour period ending 23:00GMT, closing at 99.29, as a lacklustre Chinese manufacturing PMI data and easing supply concerns in the US and Libya triggered a fall … Continue reading
Posted in Crude Oil
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Silver: Silver trading lower in the morning session
Silver Movement Silver prices declined 0.96% to USD 19.06 per ounce during the 24 hours ending 23:00GMT, as improving growth-outlook of the US economy and a decline in demand for industrial metals weighed on the demand outlook of the white … Continue reading
Posted in Silver
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Gold: Precious metal continues to lose its shine in the Asian session
Gold Movement Gold prices traded lower by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1284.30 per ounce, as the latest batch of upbeat economic data from the US weighed on the safe-haven appeal of the … Continue reading
Posted in Gold
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AUD/USD: Aussie pares losses following upbeat producer price data from Australia
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.12% against the USD to close at 0.9272. In economic news, the Reserve Bank of Australia’s (RBA) index of commodity prices fell to a new four-year low in … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie reverses its direction in the morning trading session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0966. The Canadian Dollar came under pressure after the RBC Canadian manufacturing purchasing managers’ index eased to a seasonally adjusted reading … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading tad lower ahead of the Swiss SVME PMI data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.8793, in a subdued holiday trading session. In the Asian session, at GMT0300, the pair is trading at 0.8797, with the … Continue reading
Posted in USD/CHF
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USD/JPY: Unemployment rate in Japan stood pat at 3.6% in March
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.31, following strong US ISM manufacturing PMI and consumer spending data. Yesterday, an industry report revealed that the vehicle deliveries last … Continue reading
Posted in USD/JPY
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GBP/USD: UK manufacturing PMI rose at the fastest pace since November 2013 in April
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6890, after Markit PMI for the UK manufacturing sector rose more than market expectations to a reading of 57.3 in April, … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower ahead of Euro-zone’s unemployment rate and Markit manufacturing PMI data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.3869, in a quiet holiday trading session. However, later during the day, the US Dollar benefitted from data that showed the … Continue reading
Posted in EUR/USD
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