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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
April 19, 2013
The yen fell for a fourth day against the dollar after Finance Minister Taro Aso said Japan’s stimulus policies that have caused the currency to weaken were unopposed at a Group-of-20 meeting in Washington.
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By Jack Scoville |
April 15, 2013
Orange juice closed a little higher as some delayed buying related to the USDA production data appeared. USDA dropped production estimates by another 1.0 million boxes in its reports as expected by the trade.
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By Jack Scoville |
April 11, 2013
Coffee was a little higher on news that the Brazil government will look to raise the minimum price paid to farmers by 30% in an effort to raise prices.
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By Jack Scoville |
March 27, 2013
Coffee was higher again yesterday in New York and Sao Paulo, but lower in London. Arabica prices rallied as traders started to look again at the potential for major losses in producing areas due to the rust.
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By Mark Shenk, Bloomberg |
March 11, 2013
Oil dropped as China’s industrial production trailed estimates and after Saudi Arabian crude output climbed from a 20-month low last month.
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By Austin Kiddle |
March 6, 2013
After falling for four consecutive weeks, the U.S. Comex gold futures rebounded 0.17% this week, ending at $1,574.90 on Tuesday. The gold futures climbed a further 0.20% during early Wednesday Asian hours.
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By Phil Flynn |
March 4, 2013
Oil prices are holding up better than you might think considering the negative mood out of China this morning. Psychological support for oil near the $90.00 a barrel area and the gap at $89.96 has bearish traders a bit concerned.
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By Austin Kiddle |
February 22, 2013
The release of the January FOMC minutes on Wednesday brought about gold selling. The market particularly focused on the governors' discussions of the risks and costs due to additional asset purchases.
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By Nicholas Larkin, Bloomberg |
February 15, 2013
Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year’s worst-performing precious metal.
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By Ari Altstedter, Bloomberg |
February 8, 2013
Canada’s dollar weakened below parity with its U.S. counterpart for the first time in five days as employment unexpectedly dropped in January, adding to concern the world’s 11th-largest economy is slowing.