Daily Archives: November 18, 2015

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

Crude Oil Movement Crude Oil prices declined 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 41.00, reversing its previous session gains, as global supply glut concerns returned to the fore. Separately, the American Petroleum Institute … Continue reading

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Silver: White metal extends its losses in the morning session

Silver Movement Silver prices declined 0.42% to USD 14.18 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.1, with the silver trading 0.53% lower … Continue reading

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Gold: Yellow metal trading on a weaker footing in the Asian session

Gold Movement Gold prices traded lower by 1.18% against the USD in the 24 hour period ending 23:00GMT, at 1070.20 per ounce, after upbeat US consumer price inflation data bolstered expectations that the US Federal Reserve will raise interest rates … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.7111. LME Copper prices declined 1.36% or $65.0/MT to $4700.0/MT. Aluminium prices rose 0.38% or $5.5/MT to $1463.0/MT. In economic news, … Continue reading

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USD/CAD: Loonie trading tad lower, ahead of Canada’s housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.3319. In the Asian session, at GMT0400, the pair is trading at 1.3323, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s ZEW expectations survey data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 1.0143, after consumer prices in the US swung back to positive territory on a monthly basis in October. In the Asian … Continue reading

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USD/JPY: Japanese Yen trading tad higher, ahead of BoJ’s interest rate decision

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 123.43. In the Asian session, at GMT0400, the pair is trading at 123.37, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: UK’s CPI rebounded on a monthly basis in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5216, after UK’s consumer price inflation rebounded in line with market expectations on a monthly basis in October. Data showed that … Continue reading

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EUR/USD: Euro-zone’s ZEW economic sentiment index dropped to a 12-month low in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.0642, after the ECB’s Executive Board member, Peter Praet, indicated that the central bank is likely to undertake further monetary easing … Continue reading

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