Daily Archives: February 3, 2016

Crude Oil: Oil extends its losses, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 5.5% against the USD and closed at 29.73, extending its previous session losses, amid deepening supply glut fears. Separately, the American Petroleum Institute (API) disclosed that … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.42% against the USD and closed at 14.31. In the Asian session, at GMT0400, the pair is trading at 14.315, with the silver trading 0.07% higher from yesterday’s … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined marginally against the USD and closed at 1128.20, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1128.9, with the gold trading … Continue reading

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AUD/USD: Aussie trading lower, ahead of Australia’s NAB business confidence data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.04% against the USD to close at 0.7034. LME Copper prices rose 1.58% or $71.5/MT to $4605.5/MT. Aluminium prices rose 0.30% or $4.5/MT to $1524.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CAD and closed at 1.4055. In the Asian session, at GMT0400, the pair is trading at 1.4082, with the USD trading 0.19% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 1.0187. In economic news, Switzerland’s real retail sales data fell by 1.6% YoY in December, following a revised drop of 1.7% … Continue reading

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USD/JPY: Japanese Yen on a stronger footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.01% against the JPY and closed at 119.79. In the Asian session, at GMT0400, the pair is trading at 119.66, with the USD trading 0.11% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading tad lower, ahead of UK’s Markit services PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.4413, after UK’s construction PMI fell more-than-expected to a 9-month low level of 55.0 in January, compared to market expectations of … Continue reading

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EUR/USD: Euro trading on a stronger footing, ahead of final Markit services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.0923, after the release of upbeat employment data in the Euro-zone. Data showed that Euro-zone’s unemployment rate surprisingly fell to 10.4% … Continue reading

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