Daily Archives: February 13, 2018

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.82% against the USD and closed at USD59.39 per barrel, after the Energy Information Administration (EIA) forecasted that shale crude-oil production from seven major US oil plays … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.61% against the USD and closed at USD16.52 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 16.55, with silver … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.08% against the USD and closed at USD1325.10 per ounce, amid a broad rally in global equity markets. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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AUD/USD: Australia’s business confidence hit a 9-month high level in January

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.43% against the USD and closed at 0.7862. LME Copper prices rose 0.5% or $31.5/MT to $6786.5/MT. Aluminium prices declined 0.6% or $12.5/MT to $2129.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.258. In the Asian session, at GMT0400, the pair is trading at 1.2576, with the USD trading a tad lower against … Continue reading

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USD/CHF: Swiss consumer prices declined in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CHF and closed at 0.9391. On the data front, Switzerland’s consumer price index (CPI) slid 0.1% on a monthly basis in January, less than market … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 108.70. In the Asian session, at GMT0400, the pair is trading at 108.59, with the USD trading 0.1% lower against the … Continue reading

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GBP/USD: Pound trading slightly higher, ahead of Britain’s inflation numbers

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded flat against the USD and closed at 1.3843. Yesterday, the Bank of England’s (BoE) policymaker, Gertjan Vlieghe, suggested that a further hike in interest rates was probably needed … Continue reading

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EUR/USD: Euro trading a tad lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.2297. In economic news, data showed that budget surplus in the US narrowed more-than-anticipated to $49.2 billion in January, compared to … Continue reading

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