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LME Inventory Update

FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) showed a rise in the inventory levels of Nickel, while the stock levels of Copper and Lead remained unchanged. On the other hand, the inventory levels of Aluminium and Zinc declined.

Nickel stocks increased by 1752 tonnes, whereas aluminium and zinc inventories got subtracted by a whopping 5050 and 775 tonnes respectively.

Barclays: Another deterrent to EUR ownership – eFXnews

The eFXnews Team notes that Barclays views the ongoing political crisis in Greece as another deterrent to EUR ownership, further forecasting EUR/USD to head towards 1.07 levels in Q4 15.
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Gold falls into the red

Gold prices have erased gains to trade in the red tracking rise in the US dollar index and the rebound in the German manufacturing activity in December.
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