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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: June 16, 2014
Crude Oil: Crude trading higher on escalating tensions over Iraq’s supply-outlook
Crude Oil Movement On Friday, Crude Oil prices declined 0.14% against the USD for the period ending 21:00GMT, closing at 106.80, as the International Energy Agency (IEA), in its monthly oil market report, downplayed concerns arising to a possible loss … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher in the morning Asian session
Silver Movement On Friday, Silver prices rose 0.85% to USD 19.68 per ounce during the period ending 21:00GMT, amid strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.77, 0.46% higher from Friday’s close. … Continue reading
Posted in Silver
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Gold: Precious metal continues to shine amid strong demand for safe-haven assets
Gold Movement On Friday, gold prices traded higher by 0.32% against the USD in the period ending 21:00GMT, at 1277.10 per ounce, as a batch of lacklustre economic releases from the US and ongoing geopolitical tensions in Iraq bolstered the … Continue reading
Posted in Gold
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AUD/USD: Unemployment rate in Australia to remain elevated for the next two years, opines RBA’s Kent
AUDUSD Movement On Friday, the AUD weakened 0.30% against the USD to close at 0.9398. Data from Australia’s largest trading partner, China, showed that factory output in the nation rose 8.8% in May, in-line with market expectations, from a year … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie pares its Friday’s losses in the Asian trading hours
USDCAD Movement On Friday, the USD rose marginally against the CAD to close at 1.0857. The latter came under pressure after data showed that manufacturing sales in Canada unexpectedly declined 0.1% (MoM) in April to $50.9 billion, for the first … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading a tad higher, following Friday’s loss
USDCHF Movement On Friday, the USD rose 0.20% against the CHF and closed at 0.9002. On the economic front, the Swiss KOF Institute, in its summer economic forecasts report, slashed its 2014 and 2015 growth-outlook for the Swiss economy to … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading higher amid ongoing geo-political tensions in Iraq
USDJPY Movement On Friday, the USD strengthened 0.31% against the JPY and closed at 102.00. Following the BoJ’s decision, to keep its policy stance unchanged at its two-day meeting in June, Governor, Haruhiko Kuroda hinted that central bank’s aggressive easing … Continue reading
Posted in USD/JPY
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GBP/USD: Interest rate-hike in the UK economy would reflect normalcy in the economy, opines BoE’s Bean
GBPUSD Movement On Friday, GBP rose 0.24% against the USD and closed at 1.6973, amid lingering optimism on a sooner-than-expected interest rate hike in the UK economy. On the economic front, the CB leading economic index in the UK economy … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading marginally higher ahead of Euro-zone consumer inflation data
EURUSD Movement On Friday, EUR declined 0.10% against the USD and closed at 1.3536. However, the Euro-zone’s shared currency received some support after ECB’s Benoit Coeur rubbished speculations for an immediate QE measures in the European economy by stating that … Continue reading
Posted in EUR/USD
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