Crude Oil: EIA reported a 10 million barrels surge in the US crude stockpiles

Crude Oil Movement Crude Oil prices advanced 0.11% against the USD for the 24 hour period ending 23:00GMT, closing at 103.90, as concerns over clashes between pro-Russia militants and Ukrainian forces continued to support prices of crude oil. However, gains … Continue reading

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Silver: White metal trading lower this morning

Silver Movement Silver prices rose 0.59% to USD 19.66 per ounce during the 24 hours ending 23:00GMT, on strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.57, 0.42% lower from yesterday’s close. Silver … Continue reading

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Gold: Yellow metal pares its gains in the morning trading hours

Gold Movement Gold prices traded higher by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1303.91 per ounce, as geopolitical turmoil in Ukraine bolstered the demand for safe-haven metal. Meanwhile, the Fed Chief, Janet Yellen’s indication … Continue reading

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AUD/USD: Aussie extends its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.32% against the USD to close at 0.9373. LME Copper prices declined 0.5% or $30.0/MT to $6600.0/MT. Aluminium prices rose 0.9% or $16.5/MT to $1833.0/MT. In the Asian session, … Continue reading

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USD/CAD: BoC kept its interest rate unchanged at 1.0%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.1011. The Canadian Dollar lost ground after the Bank of Canada (BoC) kept its benchmark interest rate unchanged at 1.0% for … Continue reading

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USD/CHF: ZEW economic sentiment for Swiss economy unexpectedly deteriorated to a reading of 7.0 this month

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.8814. However, dovish comments from the Fed Chief, Janet Yellen, kept the greenback’s gains in check. Meanwhile, the Swiss Franc came … Continue reading

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USD/JPY: “BoJ would maintain its QE measure until necessary to achieve 2% price target,” says BoJ Chief, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 102.21. In the Asian session, at GMT0300, the pair is trading at 101.97, with the USD trading 0.23% lower from yesterday’s … Continue reading

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GBP/USD: UK unemployment rate fell to a five-year low 6.9%

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6803, after data showed that Britain’s unemployment rate unexpectedly dropped to a five-year low level of 6.9% in the three months to … Continue reading

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EUR/USD: Euro-zone’s annual consumer inflation rate confirmed at a four-year low reading of 0.5%

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.09% against the USD and closed at 1.3825, shrugging off its former losses, triggered by the latest batch of soft economic releases from the Euro-zone economy. Yesterday, data showed … Continue reading

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Crude Oil: API reported a more than expected rise in the US weekly crude supplies

Crude Oil Movement Crude Oil prices advanced 0.29% against the USD for the 24 hour period ending 23:00GMT, closing at 103.78, as escalating tension in Ukraine overshadowed easing concerns on the Libya oil supply. However, the gains in the commodity … Continue reading

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Silver: White metal continues to trade lower in the Asian session

Silver Movement Silver prices declined 2.15% to USD 19.54 per ounce during the 24 hours ending 23:00GMT, tracking a fall in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.48, 0.32% lower from yesterday’s close. Silver … Continue reading

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