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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 trading lower this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 1.0712. In the US, the initial jobless claims fell to 428,000 for the week ended 25 June 2011, compared to the previous week’s unrevised … Continue reading
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AUD/USD: Aussie zooms ahead
For the 24 hours to 23:00 GMT, AUD strengthened 1.46% against the USD to close at 1.0691. In the US, for the week ended 24 June 2011, the mortgage application volume, on a seasonally adjusted basis, declined by 2.7% from … Continue reading
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AUD/USD: Aussie trading above its MA’s
For the 24 hours to 23:00 GMT, AUD strengthened 0.72% against the USD to close at 1.0537. In the US, the Richmond Federal Reserve Bank reported that its seasonally adjusted composite index of manufacturing activity rose to a reading of … Continue reading
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AUD/USD: Continues to trade flat
For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0462, as fears over Greece’s debt problems eased. The Reserve Bank of Australia (RBA) Assistant Governor, Guy Debelle stated that local banks had actually … Continue reading
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AUD/USD: Aussie trades lower as risk appetite ebbs on Greece
For the 24 hours to 23:00 GMT, AUD weakened 0.49% against the USD, on Friday, to close at 1.0491, as concern that a Greek austerity plan won’t resolve Europe’s sovereign-debt crisis damped investors risk appetite. In the US, the orders … Continue reading
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AUD/USD: Aussie down on Euro debt concerns
For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 1.0543. In the Asian session at 3:00GMT, the pair is trading at 1.0530, 0.12% lower from yesterday’s close at 23:00 GMT. On Friday morning, … Continue reading
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AUD/USD: Australian dollar stays low after US signals end of stimulus
For the 24 hours to 23:00 GMT, AUD weakened 0.26% against the USD to close at 1.0556, after the US central bank indicated it would not expand it’s economic stimulus plan. This morning, the Conference Board’s Leading Economic Index for … Continue reading
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AUD/USD: Pair trading between its MA’s
For the 24 hours to 23:00 GMT, AUD weakened 0.09% against the USD to close at 1.0584. In the US economic news, the existing home sales, on a monthly basis, declined by 3.8% to an annual rate of 4.81 million … Continue reading
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AUD/USD: Aussie falls as RBA kept interest rates unchanged
For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 1.0594, after the Reserve Bank of Australia stated in minutes of June’s meeting that it was “prudent” to keep interest rates unchanged amid concern … Continue reading
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AUD/USD: Australian dollar under pressure as Greek jitters persist
For the 24 hours to 23:00 GMT, AUD strengthened 0.52% against the USD, on Friday, to close at 1.0614. In the Asian session at 3:00GMT, the pair is trading at 1.0579, 0.33% lower from Friday’s close at 23:00 GMT. LME … Continue reading
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AUD/USD: Aussie continues to trade lower this morning
For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 1.0559. In the US, the current account deficit widened to $119.3 billion in the first quarter of 2011, following a revised current account deficit … Continue reading
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