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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 27, 2014
Crude Oil: Crude trading higher amid concerns on supply outlook
Crude Oil Movement Crude Oil prices declined marginally against the USD for the 24 hour period ending 23:00GMT, closing at 104.24. However, losses in crude oil prices were kept in check as fresh concerns on the supply outlook of the … Continue reading
Posted in Crude Oil
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Silver: White metal converging with its MA’s
Silver Movement Silver prices ended flat against the USD, closing at 19.44 per ounce, during the 24 hours ending 23:00GMT, in a subdued holiday trading session. In the Asian session, at GMT0300, Silver is trading at 19.40, 0.21% lower from … Continue reading
Posted in Silver
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Gold: Yellow metal extends its gains on Ukraine tensions
Gold Movement Gold prices edged up marginally against the USD in the 24 hour period ending 23:00GMT, at 1292.20 per ounce, as traders digested the election victory of the pro-West Ukraine President, Petro Poroshenko amid tensions with Russia. In the … Continue reading
Posted in Gold
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AUD/USD: Aussie extends its upward direction in the morning trading hours
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.10% against the USD to close at 0.9246, in a quiet trading session. LME Copper prices declined 0.4% or $30.0/MT to $6991.0/MT. Aluminium prices rose 0.3% or $5.5/MT … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie continues to trade higher against its US counterpart in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0857, reversing its Friday’s losses triggered by a slowdown in Canada’s month-on-month consumer inflation rate. In the Asian session, at GMT0300, … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher ahead of key Swiss economic releases
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 0.8949. In the Asian session, at GMT0300, the pair is trading at 0.8943, with the USD trading 0.07% lower from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: BoJ could ease its stimulus measures if consumer prices surpass its 2.0% target, hints BoJ’s Kikuo Iwata
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 101.92. In economic news, the minutes from the BoJ’s 30 April policy meeting, released early Monday, showed that three of the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading higher in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.6842, in a holiday-thin trading session on account of a Spring Bank holiday in the UK and a Memorial Day holiday … Continue reading
Posted in GBP/USD
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EUR/USD: ECB to consider policy tools to counter low inflation rate at its June meeting, hints ECB President, Draghi
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.3645, recovering from its initial losses which were triggered by ECB President’s dovish remarks and following early results from the European … Continue reading
Posted in EUR/USD
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