Daily Archives: October 7, 2016

Crude Oil: Oil reverses its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.71% against the USD and closed at USD50.53 per barrel, underpinned by news of another informal Organization of the Petroleum Exporting Countries (OPEC) meeting on output cuts. … 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, Silver declined 2.86% against the USD and closed at USD17.31, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.38, with the silver trading … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.05% against the USD and closed at USD1256.90 per ounce, amid strength in the greenback following robust US weekly initial jobless claims data. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Australia construction sector expanded in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.758. LME Copper prices declined 0.74% or $35.5/MT to $4742.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1667.5/MT. In the Asian … Continue reading

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USD/CAD: Canada building permits surged in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3219. On the data front, Canada’s building permits jumped by 10.4% on a monthly basis in August, rising at the fastest … Continue reading

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USD/CHF: Swiss annual CPI surprisingly dropped in September

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CHF and closed at 0.9807. The Swiss Franc lost ground, after Switzerland’s consumer price index (CPI) unexpectedly fell by 0.2% on an annual basis in … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the JPY and closed at 103.93. In the Asian session, at GMT0300, the pair is trading at 103.77, with the USD trading 0.15% lower against the … Continue reading

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GBP/USD: Pound trading lower, ahead of key economic releases in the UK

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.07% against the USD and closed at 1.2613. In the Asian session, at GMT0300, the pair is trading at 1.2433, with the GBP trading 1.43% lower against the … Continue reading

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EUR/USD: Monetary stimulus will continue until March 2017 as Euro-zone growth remains sluggish: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.5% against the USD and closed at 1.1145, after minutes of the European Central Bank’s (ECB) recent monetary policy meeting indicated that financing conditions in the Euro-zone would … Continue reading

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