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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 19, 2014
Crude Oil: Crude continues to trade higher amid concern on supply-outlook
Crude Oil Movement On Friday, Crude Oil prices advanced 0.53% against the USD for the period ending 21:00GMT, closing at 102.14, as fresh concerns on the supply-outlook of oil were fuelled after rebels again shut Libya’s El Feel oilfield and … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher this morning, following Friday’s losses
Silver Movement On Friday, Silver prices declined 0.69% to USD 19.37 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.45, 0.39% higher from Friday’s close. Silver … Continue reading
Posted in Silver
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Gold: Yellow metal pares its losses in the Asian session
Gold Movement On Friday Gold prices traded lower by 0.20% against the USD in the period ending 21:00GMT, at 1293.50 per ounce, amid mixed batch of economic releases from the US, the world’s largest economy. Gold prices also came under … Continue reading
Posted in Gold
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AUD/USD: Aussie trading flat amid lack of Australian economic releases
AUDUSD Movement On Friday, the AUD strengthened marginally against the USD to close at 0.9365. LME Copper prices edged up marginally by $1.0/MT to $ 6950.0/MT. Aluminium prices declined 1.2% or $21.5/MT to $1731.5/MT. In the Asian session, at GMT0300, … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher in a holiday-thin trading session
USDCAD Movement On Friday, the USD declined marginally against the CAD to close at 1.0870. In economic news, the Statistics Canada reported that foreign investors reduced their holdings in Canadian securities by C$1.23 billion while Canadian investors purchased C$7.88 billion … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc converging with its MA’s
USDCHF Movement On Friday, the USD rose 0.15% against the CHF and closed at 0.8920. In the Asian session, at GMT0300, the pair is trading at 0.8914, with the USD trading 0.07% lower from Friday’s close. The pair is expected … Continue reading
Posted in USD/CHF
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USD/JPY: Yen snaps gains in the morning session
USDJPY Movement On Friday, the USD weakened 0.08% against the JPY and closed at 101.46. In the Asian session, at GMT0300, the pair is trading at 101.59, with the USD trading 0.13% higher from Friday’s close. Early morning, Japan’s Cabinet … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s booming housing market pose the biggest risk to the nation’s recovery, warns BoE Governor, Carney
GBPUSD Movement On Friday, GBP rose 0.17% against the USD and closed at 1.6822. Late Saturday, the Bank of England (BoE) Governor, Mark Carney, citing large increase in the nation’s mortgage level, cautioned that the Britain’s housing market posed the … Continue reading
Posted in GBP/USD
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EUR/USD: Interest rates to remain low in the Euro-zone, indicates ECB’s Coeure
EURUSD Movement On Friday, EUR declined 0.14% against the USD and closed at 1.3696, as the latter advanced following the release of strong housing data from the US economy. Data from the world’s largest economy showed that the US building … Continue reading
Posted in EUR/USD
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