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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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USD/JPY: Yen lower ahead of Japanese industrial production data
For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 77.58. Yesterday, the Federal Reserve has lowered its growth forecast to 2% in 2012, down from June’s forecast for as much as 2.4% growth. … Continue reading
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USD/JPY: Greenback trading lower against the Yen in the Asian session
For the 24 hours to 23:00 GMT, USD strengthened 0.13% against the JPY and closed at 77.87. According to the Mortgage Bankers Association’s (MBA), mortgage applications in the US rose 11.1% for the week ended September 7, compared to revised … Continue reading
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USD/JPY: Greenback gaining strength against the Yen this morning
For the 24 hours to 23:00 GMT, USD weakened 0.61% against the JPY and closed at 77.77. In Japan, the preliminary machine tool orders declined 2.6% (YoY) in August, from a 6.7% decline in July. The Japanese Finance Minister, Jun … Continue reading
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USD/JPY: Consumer confidence in Japan rose to 40.5 in August
For the 24 hours to 23:00 GMT, the USD weakened 0.05% against the JPY and closed at 78.25. In Japan, on a seasonally adjusted basis, consumer confidence index rose to 40.5 in August, from 39.7 in July. The Eco Watchers … Continue reading
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USD/JPY: Japan’s economy grew 0.2% (QoQ) in April-June
For the 24 hours to 23:00 GMT on Friday, USD weakened 0.81% against the JPY and closed at 78.26. In Japan, the leading index fell to a reading of 91.8 in July, from 93.2 in June. The coincident index declined … Continue reading
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USD/JPY: Trading flat from yesterday’s close
For the 24 hours to 23:00 GMT, USD strengthened 0.61% against the JPY and closed at 78.90, following positive US employment data. In the US, the number of individuals filing for initial jobless benefits fell to 365,000 for the week … Continue reading
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USD/JPY: Pair trading marginally lower in the Asian session
For the 24 hours to 23:00 GMT, USD weakened marginally against the JPY and closed at 78.42. Yesterday, the Bank of Japan (BoJ) board member, Ryuzo Miyao, stated that the risk to Japan from a prolonged global slowdown is rising. … Continue reading
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USD/JPY: Pair trading flat in the Asian session
For the 24 hours to 23:00 GMT, USD strengthened 0.17% against the JPY and closed at 78.44. In the US, Markit Economics reported that manufacturing purchasing managers index rose to 51.5 in August, higher than the 51.4 reading in July. … Continue reading
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USD/JPY: Greenback trading higher this morning
For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 78.31. In the Asian session, at GMT0300, the pair is trading at 78.37, with the USD trading 0.08% higher from yesterday’s close. This morning, … Continue reading
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USD/JPY: Trading below its MA’s
For the 24 hours to 23:00 GMT on Friday, USD weakened 0.37% against the JPY and closed at 78.28, after the Federal Reserve Chairman, Ben Bernanke, left the door open to a further monetary easing. In the Asian session, at … Continue reading
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USD/JPY: Industrial output in Japan fell in July
For the 24 hours to 23:00 GMT, USD weakened 0.19% against the JPY and closed at 78.57. In the Asian session, at GMT0300, the pair is trading at 78.44, with the USD trading 0.17% lower from yesterday’s close. Data released … Continue reading
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