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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.95% against the USD and closed at USD58.80 per barrel, after Saudi Arabia’s Energy Minister Prince, Abdulaziz bin Salman, pledged to rebuild its lost oil production by … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.89% against the USD and closed at USD18.10 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.02, with silver … Continue reading

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Gold: Yellow metal trading a tad lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.25% against the USD and closed at USD1509.90 per ounce, amid expectations of a rate cut by the US Federal Reserve. In the Asian session, at GMT0300, the pair … Continue reading

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AUD/USD: Australia’s Westpac leading index declined in August

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.6864. LME Copper prices declined 2.0% or $115.0/MT to $5762.0/MT. Aluminium prices declined 0.8% or $14.0/MT to $1756.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing shipments fell in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.3247. In economic news, Canada’s manufacturing shipments fell 1.3% on a monthly basis in July, more than market expectations for a … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9929. In the Asian session, at GMT0300, the pair is trading at 0.9936, with the USD trading 0.07% higher against the … Continue reading

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USD/JPY: Japan’s merchandise (total) trade deficit narrowed in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 108.12. In the Asian session, at GMT0300, the pair is trading at 108.27, with the USD trading 0.14% higher against the … Continue reading

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GBP/USD: British Pound reverses its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.59% against the USD and closed at 1.2500, afters the Supreme Court heard a case over whether British Prime Minister, Boris Johnson’s decision to suspend Parliament, ahead of … Continue reading

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EUR/USD: Euro-zone’s economic sentiment index rose more-than-expected in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.1070. On the data front, Euro-zone’s economic sentiment index rose to a level of -22.4 in September, more than market expectations … Continue reading

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Crude Oil: Oil extends its surge, following Saudi attacks and ahead of API stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.71% against the USD and closed at USD61.86 per barrel, after attacks on key Saudi Arabian oil facilities halved the country’s production and fuelled fears of retaliation … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.42% against the USD and closed at USD17.94 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.92, with silver trading 0.08% lower against the … Continue reading

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