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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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AUD/USD: Aussie snaps its gains against the greenback ahead of Fed’s monetary decision
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 0.9353. LME Copper prices rose 0.1% or $6.5/MT to $7056.5/MT. Aluminium prices declined 0.3% or $4.5/MT to $1730.0/MT. In the Asian session, … Continue reading
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AUD/USD: Aussie trading lower following the release of RBA minutes
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD marginally weakened against the USD to close at 0.9319. The greenback gained ground against the Australian Dollar, as uncertainty over Fed’s pace of stimulus measure, boosted the demand for the … Continue reading
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AUD/USD: Aussie declined as investor risk-appetite waned, trading higher this morning
AUDUSD Movement On Friday, the AUD weakened 0.15% against the USD to close at 0.9250, as risk appetite among investors reduced ahead of Fed’s policy meeting, next week, in which the US central bank is expected to take a decision … Continue reading
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AUD/USD: Dismal domestic jobs data continues to weigh on the demand of the Aussie
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.74% against the USD to close at 0.9264, as lackluster domestic employment data spooked investors’ confidence. Meanwhile, speculation that the Fed might decide to taper its asset purchase programme, … Continue reading
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AUD/USD: Australia’s unemployment rate climbed to a four-year high in August
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD to close at 0.9334. LME Copper prices declined 0.1% or $9.0/MT to $7163.0/MT. Aluminium prices fell 0.2% or $3.0/MT to $1756.5/MT. In the Asian session, … Continue reading
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AUD/USD: Australian consumer confidence jumped in September
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.75% against the USD to close at 0.9299, as investors cheered the latest batch of upbeat economic data from China, Australia’s largest trading partner. In China, an official report … Continue reading
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AUD/USD: Australian business confidence rebounds in August
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.42% against the USD to close at 0.9230 as the demand for the Aussie received a boost from upbeat inflation and trade data from its largest trading parent, China. … Continue reading
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AUD/USD: Aussie trading higher amid upbeat data from China
AUDUSD Movement On Friday, the AUD strengthened 0.77% against the USD to close at 0.9190. LME Copper prices rose 1.0% or $67.5MT to $7170.5/MT. Aluminium prices advanced 1.5% or $26.5/MT to $1780.5/MT. In the Asian session, at GMT0300, the pair … Continue reading
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AUD/USD: Investor’s eye the outcome of Australian Federal elections over the weekend
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.50% against the USD to close at 0.9122, as the latest batch of upbeat economic data from the US fuelled fresh speculation that the Fed might begin tapering its … Continue reading
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AUD/USD: Aussie lower after disappointing trade balance data
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 1.28% against the USD to close at 0.9169, as investors continued to cheer an upbeat Australian GDP data. LME Copper prices declined 0.8% or $58.0/MT to $7125.5/MT. Aluminium prices … Continue reading
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AUD/USD: Aussie spikes following upbeat domestic GDP data
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.60% against the USD to close at 0.9053, after the Reserve Bank of Australia (RBA) refrained from altering the nation’s benchmark interest rate and provided no hints on further … Continue reading
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