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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
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- USD/CAD: Loonie trading on a stronger footing this morning
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AUD/USD: Aussie trading tad higher in the Asian session
For the 24 hours to 23:00 GMT, AUD fell marginally against the USD to close at 1.0544, as disappointing unemployment data fuelled speculation that the Reserve Bank of Australia might resume interest rate cut in its monetary policy meeting … Continue reading
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AUD/USD: Aussie trading lower after appalling jobs data
For the 24 hours to 23:00 GMT, AUD strengthened 0.48% against the USD to close at 1.0537. LME Copper prices rose 0.8% or $61.5/MT to $7547.0/MT. Aluminium prices rose 1.0% or $19.5/MT to $1878.0/MT. In the Asian session, at … Continue reading
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AUD/USD: Aussie trading higher this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 1.0487. LME Copper prices rose 0.4% or $28.0/MT to $7485.5/MT. Aluminium prices declined 0.4% or $7.0/MT to $1858.5/MT. In the Asian session, at … Continue reading
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AUD/USD: Aussie rises on softer Chinese inflation data
For the 24 hours to 23:00 GMT, AUD strengthened 0.65% against the USD to close at 1.0419. LME Copper prices rose 1.1% or $81.5/MT to $7457.5/MT. Aluminium prices rose 1.1% or $20.5/MT to $1865.5/MT. In the Asian session, at … Continue reading
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AUD/USD: Aussie trading lower in the Asian session
On Friday, the AUD weakened 0.35% against the USD to close at 1.0387. LME Copper prices rose 0.5% or $39.5/MT to $7376.0/MT. Aluminium prices rose 0.6% or $11.5/MT to $1845.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading
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AUD/USD: Aussie dropped as demand for greenback rose
For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0424, despite strong Australian economic data, as demand for the greenback increased after the Bank of Japan expanded its monetary stimulus. LME Copper … Continue reading
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AUD/USD: Domestic data boosts Aussie
For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0453. LME Copper prices declined 0.4% or $29.0/MT to $7405.5/MT. Aluminium prices declined 0.9% or $16.5/MT to $1845.5/MT. In the Asian session, at … Continue reading
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AUD/USD: Australian trade deficit narrows in February
For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0456, as the Reserve Bank of Australia (RBA) kept its cash rate at a record-matching low of 3.0% as expected. However, the central … Continue reading
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AUD/USD: Aussie rises as interest rates remain unchanged at 3.0%
For the 24 hours to 23:00 GMT, AUD strengthened 0.23% against the USD to close at 1.0436. Australian markets remained closed on Good Friday and Easter Monday. In the Asian session, at GMT0300, the pair is trading at 1.0467, … Continue reading
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AUD/USD: Australia’s CPI eases, private sector credit increases
For the 24 hours to 23:00 GMT, AUD weakened 0.25% against the USD to close at 1.0448, LME Copper prices declined 0.8% or $61.0/MT to $7570.0/MT. Aluminium prices declined 1.2% or $23.0/MT to $1867.5/MT. In the Asian session, at … Continue reading
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AUD/USD: RBA’s FSR disappoints
For the 24 hours to 23:00 GMT, AUD strengthened 0.12% against the USD to close at 1.0474. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Glenn Stevens, stated that regulators should switch their focus to the implementation of existing … Continue reading
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