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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: Weak Chinese PMI weighs on Aussie
For the 24 hours to 23:00 GMT on Friday, AUD strengthened 2.08% against the USD to close at 1.0238, as investors’ cheered news that European leaders agreed on measures to tackle the region’s debt crisis, raising risk appetite. LME Copper … Continue reading
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AUD/USD: Aussie rebounded strongly in the Asian session
For the 24 hours to 23:00 GMT, AUD weakened 0.57% against the USD to close at 1.0029. LME Copper prices rose 0.9% or $67.0/MT to $7420.5/ MT. Aluminium prices rose 1.2% or $22.0/MT to $1832.3/MT. In the Asian session, at … Continue reading
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AUD/USD: Aussie continues its rally in the Asian session
For the 24 hours to 23:00 GMT, AUD strengthened 0.29% against the USD to close at 1.0086. LME Copper prices rose 0.1% or $7.0/MT to $7353.5/ MT. Aluminium prices traded flat to $1810.3/ MT. In the Asian session, at GMT0300, … Continue reading
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AUD/USD: Aussie extends its gain this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.49% against the USD to close at 1.0057, amid hopes that Reserve Bank of Australia (RBA) policy makers would keep the key rate unchanged in the next meeting. Meanwhile, in the … Continue reading
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AUD/USD: Aussie trading above its parity
For the 24 hours to 23:00 GMT, AUD weakened 0.37% against the USD to close at 1.0008. LME Copper prices rose 0.3% or $22.8/MT to $7342.3/ MT. Aluminium prices declined 0.4% or $6.5/MT to $1816.8/ MT. In the Asian session, … Continue reading
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AUD/USD: Aussie trading lower after Friday’s rise
For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.16% against the USD to close at 1.0063, as investor sentiment strengthened, after the European Central Bank relaxed rules on collateral for central-bank loans. LME Copper prices declined 1.4% … Continue reading
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AUD/USD: Risk aversion weighs on Aussie, trading higher this morning
For the 24 hours to 23:00 GMT, AUD weakened 1.39% against the USD to close at 1.0047, as risk aversion increased following lackluster economic data from the US. In the US, Philadelphia Fed manufacturing survey index fell to a reading … Continue reading
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AUD/USD: Aussie down this morning amid weak China PMI
For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0189. LME Copper prices rose 0.7% or $50.0/MT to $ 7555.3/ MT. Aluminium prices rose 0.1% or $1.0/MT to $1879.3/ MT. In the Asian … Continue reading
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AUD/USD: Aussie extends gains versus greenback this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.61% against the USD to close at 1.0178. LME Copper prices rose 0.4% or $30.0/MT to $7505.3/ MT. Aluminium prices declined 0.2% or $3.5/MT to $1878.3/ MT. In the Asian session, … Continue reading
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AUD/USD: Aussie trading higher this morning; RBA rate cut ‘finely balanced’
For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0116. In Australia, Treasury Secretary, Martin Parkinson, stated that the country has scope to respond to an economic shock from Euro-zone, adding that region’s … Continue reading
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AUD/USD: Aussie rose on increased risk appetite
For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.69% against the USD to close at 1.0087. LME Copper prices rose 2.0% or $144.3/MT to $7520.5/ MT. Aluminium prices declined 0.5% or $10.0/MT to $1914.3/ MT. In the … Continue reading
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