Daily Archives: September 21, 2016

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil surged 3.68% against the USD and closed at USD44.84 per barrel, after the American Petroleum Institute (API) reported a substantial draw of 7.5 million barrels in the US … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.39% against the USD and closed at USD19.30, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.27, with the silver trading … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.11% against the USD and closed at USD1318.20 per ounce, rising for the first time in four sessions. Meanwhile, investors remain cautious ahead of the much awaited Federal Reserve … Continue reading

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AUD/USD: Aussie trading flat in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.23% against the USD and closed at 0.7555. LME Copper prices rose 0.02% or $1.0/MT to $4732.5/MT. Aluminium prices rose 0.29% or $4.5/MT to $1563.0/MT. In the Asian … Continue reading

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USD/CAD: BoC Governor asks Canadians to get used to low interest rates

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3184. Yesterday, in a speech at a news conference in Quebec City, the Bank of Canada Governor, Stephen Poloz, stated that … Continue reading

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USD/CHF: Swiss economy to expand by 1.5% in 2016: SECO

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9788. Yesterday, in its latest quarterly report, the Swiss State Secretariat for Economic Affairs (SECO) slightly upgraded Switzerland’s economic growth forecast … Continue reading

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USD/JPY: BoJ leaves key interest rate unchanged

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the JPY and closed at 101.72. In the Asian session, at GMT0300, the pair is trading at 101.5, with the USD trading 0.22% lower against the … Continue reading

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GBP/USD: Pound trading on a weaker footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.38% against the USD and closed at 1.2987. In the Asian session, at GMT0300, the pair is trading at 1.2981, with the GBP trading slightly lower against the … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1200. On the data front, Germany’s producer price index unexpectedly dropped by 0.1% on a monthly basis in August, compared to … Continue reading

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