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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: November 7, 2017
Crude Oil: Oil trading higher, ahead of API’s crude inventories report
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.69% against the USD and closed at USD57.25 per barrel, boosted by a move by Saudi Arabia’s Crown Prince, Mohammad bin Salman, to consolidate his power over … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a weaker footing in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.14% against the USD and closed at USD17.22 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at USD17.15 per ounce, … Continue reading
Posted in Silver
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Gold: Yellow metal trading lower in the morning session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.01% against the USD and closed at USD1282.80 per ounce, amid a weaker greenback and as geopolitical concerns in Saudi Arabia fuelled demand for the safe-haven asset. In the … Continue reading
Posted in Gold
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AUD/USD: RBA kept its interest rate unchanged at 1.50%
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.43% against the USD and closed at 0.7685. LME Copper prices declined 0.2% or $12.0/MT to $6902.5/MT. Aluminium prices fell 0.6% or $13.0/MT to $2152.0/MT. The Reserve Bank … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading marginally lower, ahead of BoC Governor’s speech
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.2711. Data indicated that the seasonally adjusted Ivey PMI in Canada rose more-than-expected to 63.8 in October. In the previous month, … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss consumer prices advanced as expected in October
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9977. Macroeconomic data showed that the consumer price index (CPI) rose 0.7% in Switzerland on a yearly basis in October, meeting … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading lower in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the JPY and closed at 113.81. In the Asian session, at GMT0400, the pair is trading at 113.91, with the USD trading 0.09% higher from yesterday’s … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading marginally higher this morning
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.73% against the USD and closed at 1.3172. Overnight data revealed that UK BRC like-for-like sales declined 1.0% in October, led by weak sales of non-food items, from … Continue reading
Posted in GBP/USD
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EUR/USD: Eurozone services PMI fell in October, investor confidence surged to the highest level since July 2007
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1610. On the data front, Eurozone final services PMI slid less than previously expected to 55.0 in October from 55.8 in … Continue reading
Posted in EUR/USD
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