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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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Yen higher amid risk aversion
For the 24 hours to 23:00 GMT, USD weakened 0.45% against the JPY and closed at 82.77. In Japan, trade balance fell sharply in January showing a deficit of Â¥471.4 billion compared to surplus of Â¥727.0 billion in the previous … Continue reading
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Awaiting data releases in Japan
For the 24 hours to 23:00 GMT, USD strengthened 0.06% against the JPY and closed at 83.14. In Japan yesterday, Ministry of Economy, Trade and Industry reported that All Industry Activity Index fell by 0.2% (M-o-M) in December 2010, following … Continue reading
Posted in USD/JPY
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Trading lower than short term MA’s
For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY on Friday and closed at 83.07. In the Asian session at 4:00GMT, the pair is trading higher from the New York close, by 0.07%, at 83.13. The … Continue reading
Posted in USD/JPY
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Bank of Japan meeting minutes indicate policymakers more confident
For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 82.32. In Japan yesterday, coincident composite index (CI) which reflects current business conditions rose by 1.1 points to 103.5 in December following a 1.4 … Continue reading
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Investors await pointers from the BoJ monetary policy meeting
For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 83.63. In the Asian session at 4:00GMT, the pair is trading lower from the New York close, by 0.06%, at 83.58. The first short … Continue reading
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Trading flat this morning
For the 24 hours to 23:00 GMT, USD strengthened 0.59% against the JPY and closed at 83.80. The Bank of Japan decided yesterday by unanimous vote to keep the benchmark rate between 0.0% and 0.1% for fifth consecutive month as … Continue reading
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Trading flat this morning
For the 24 hours to 23:00 GMT, USD weakened 0.24% against the JPY and closed at 83.28. In the Asian session at 4:00GMT, the pair is trading higher from the New York close, by 0.04%, at 83.31. The first short … Continue reading
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Little reaction to Japanese GDP Data
For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.17% against the JPY and closed at 83.49. In Japan, GDP fell by 0.3% (QoQ) in the quarter ended December 2010, after a revised rise of 0.8% in the … Continue reading
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Rallies on upbeat US job data
For the 24 hours to 23:00 GMT, USD strengthened 1.21% against the JPY and closed at 83.35. In the US, initial jobless claims declined to 383,000 in the week ended 5 February 2011, from 419,000 in the previous week, while … Continue reading
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Displaying low volatility
For the 24 hours to 23:00 GMT, USD strengthened 0.06% against the JPY and closed at 82.35. In Japan yesterday, consumer confidence of households rose 0.9 points in January to 41.1, from revised 40.2 in December. Meanwhile, machine tool orders … Continue reading
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Trading higher in Asian session
For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 82.29. In Japan, the adjusted current account surplus was Â¥1,555.9 billion in December, following Â¥1145.1 billion surplus in the previous month, with trade balance … Continue reading
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