Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.90% against the USD and closed at USD52.11 per barrel, after an attack on two oil tankers in the Gulf of Oman reignited worries about an impact … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.05% against the USD and closed at USD14.91 per ounce, supported by gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.96, with … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.75% against the USD and closed at USD1346.60 per ounce, amid expectations of an interest rate cut by the US Federal Reserve. In the Asian session, at GMT0300, the … Continue reading

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AUD/USD: Aussie extends its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.6917. LME Copper prices declined 0.5% or $31.0/MT to $5797.5/MT. Aluminium prices rose 0.1% or $2.5/MT to $1756.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s new housing price index advanced as estimated in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3325. Data showed that Canada’s new housing price index rose 0.1% on a yearly basis in April, meeting market consensus. In … Continue reading

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USD/CHF: SNB left its key interest rate steady at -0.75%

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9937. In economic news, Switzerland’s producer and import price index dropped 0.8% on an annual basis in May, more than market … Continue reading

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USD/JPY: Japan’s industrial production declined in April

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the JPY and closed at 108.35. In the Asian session, at GMT0300, the pair is trading at 108.30, with the USD trading 0.05% lower against the … Continue reading

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GBP/USD: British Pound trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2678, after MPs rejected a motion to block no-deal Brexit. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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EUR/USD: Euro-zone’s industrial production declined at its fastest pace in 4 months in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1279. On the data front, Euro-zone’s seasonally adjusted industrial production slid 0.5% on a monthly basis in April, declining at its … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.22% against the USD and closed at USD51.14 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 2.2 million … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.14% against the USD and closed at USD14.75 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.77, with silver … Continue reading

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