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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 29, 2014
USD/CHF: Swiss GDP rose a faster rate in the first quarter
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.8984. In economic releases, Switzerland’s GDP rose 0.5% (QoQ) in the first quarter of 2004, faster than a 0.2% pace of … Continue reading
Posted in USD/CHF
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Crude Oil: Crude trading lower ahead of the US EIA oil inventory data
Crude Oil Movement Crude Oil prices shed 1.04% against the USD for the 24 hour period ending 23:00GMT, closing at 103.01, hurt by a stronger US Dollar. Crude prices also came under pressure after the American Petroleum Institute (API) reported … Continue reading
Posted in Crude Oil
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Silver: White metal extends its losses in the Asian session
Silver Movement Silver prices declined 0.13% to USD 19.04 per ounce during the 24 hours ending 23:00GMT, amid easing concerns over Ukraine crisis. In the Asian session, at GMT0300, Silver is trading at 19.03, 0.08% lower from yesterday’s close. Silver … Continue reading
Posted in Silver
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Gold: Precious metal trading lower amid soft demand for safe-haven assets
Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1258.90 per ounce, extending its previous day’s losses amid mounting speculation that the newly elected Ukraine-President, Petro Poroshenko, would strive towards … Continue reading
Posted in Gold
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AUD/USD: Aussie snaps losses on the back of upbeat spending outlook
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.30% against the USD to close at 0.9233. LME Copper prices edged up 0.2% or $15.0/MT to $7035.0/MT. Aluminium prices rose 1.4% or $24.0/MT to $1801.5/MT. In the … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie pares its losses in the Asian trading hours
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.0871, amid lack of economic releases from the Canadian economy. In the Asian session, at GMT0300, the pair is trading at … Continue reading
Posted in USD/CAD
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USD/JPY: Japan would take more than 2 years to achieve 2.0% inflation target, opines BoJ’s Sayuri Shirai
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 101.76. In the Asian session, at GMT0300, the pair is trading at 101.70, with the USD trading 0.06% lower from yesterday’s … Continue reading
Posted in USD/JPY
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GBP/USD: BoE should start raising interest rate soon than later, opines BoE’s Martin Weale
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.6714. In an interview with the Financial Times, a BoE policymaker, Martin Weale opined that the BoE should not delay in … Continue reading
Posted in GBP/USD
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EUR/USD: Governing Council willing to use conventional and unconventional measures to fight low-inflation, hints ECB’s Yves Mersch
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.3594, as data showed that unemployment in Germany, the largest economy in the Euro-zone, unexpectedly rose for the first time in … Continue reading
Posted in EUR/USD
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