Crude Oil: Oil extends its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.97% against the USD and closed at USD36.71 per barrel, amid uncertainty about the timing and scale of a potential extension to the agreement between the Organisation … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading flat in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.31% against the USD and closed at USD17.95 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.945, with silver trading flat against the USD … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.92% against the USD and closed at USD1702.50 per ounce, as global equity markets edged higher on optimism over global economic recovery. In the Asian session, at GMT0300, the … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australia’s trade surplus narrowed less-than-expected in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.28% against the USD and closed at 0.6923. LME Copper prices rose 0.7% or $36.0/MT to $5,499.0/MT. Aluminium prices climbed 1.8% or $26.5/MT to $1,526.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Bank of Canada kept its key interest rate on hold

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.54% against the CAD and closed at 1.3504. The Bank of Canada (BoC), in its interest rate decision, kept its key interest rate unchanged at 0.25%, as widely … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s gross domestic product fell in 1Q 2020

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9614. On the data front, Switzerland’s gross domestic product fell 2.6% on a quarterly basis in the first quarter of 2020, … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen extends its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.06% against the JPY and closed at 108.98. In the Asian session, at GMT0300, the pair is trading at 108.87, with the USD trading 0.10% lower against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s Markit services PMI climbed in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.49% against the USD and closed at 1.2573. On the data front, UK’s Markit services PMI climbed to 29.0 in May, compared to a level of 13.4 in … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s Markit services PMI climbed to a three-month high level in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.54% against the USD and closed at 1.1232. On the macro front, Euro-zone’s Markit services PMI climbed to 30.5 in May, compared to a level of 12.0 in … Continue reading

Posted in EUR/USD | Comments Off

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.69% against the USD and closed at USD37.07 per barrel, amid hopes for an extension of production cuts by major oil producers. Additionally, American Petroleum Institute (API) … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.55% against the USD and closed at USD18.37 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.24, with silver trading 0.73% lower against the … Continue reading

Posted in Silver | Comments Off