Crude Oil: Oil trading lower this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.36% against the USD and closed at USD54.72 per barrel, amid hopes that key oil producers will agree to cut production at a meeting early next month. … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal reverses it gains the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.22% against the USD and closed at USD14.48 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.47, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.34% against the USD and closed at USD1226.70 per ounce, amid weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1227.60, with gold … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie reverses its gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.74% against the USD and closed at 0.7261. LME Copper prices rose 0.3% or $20.0/MT to $6242.0/MT. Aluminium prices rose 0.9% or $18.0/MT to $1945.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD and closed at 1.3235. In the Asian session, at GMT0400, the pair is trading at 1.3222, with the USD trading 0.10% lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9943. In the economic news, Switzerland’s M3 money supply advanced 2.5% on an annual basis in October. In the previous month, … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s national consumer price index advanced in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 113.08. In the Asian session, at GMT0400, the pair is trading at 112.98, with the USD trading 0.09% lower against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: No-Brexit deal could adversely affect UK’s economic growth: OECD

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.2774. Yesterday, the Paris-based think tank, OECD stated that Britain’s economy would expand by 1.3% and 1.4% in 2019 and 2020 … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: OECD downgraded its growth outlook for the global economy

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1386, amid renewed optimism for a negotiation over Italy’s budget. The Organisation for Economic Cooperation and Development (OECD), its latest Economic … Continue reading

Posted in EUR/USD | Comments Off

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.82% against the USD and closed at USD53.46 per barrel, amid mounting concerns over global economic outlook and ongoing worries over rising global supplies. Meanwhile, the American … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.73% against the USD and closed at USD14.30 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.29, with silver … Continue reading

Posted in Silver | Comments Off