Daily Archives: May 3, 2018

Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.43% against the USD and closed at USD67.73 per barrel, pushed up by persistent concerns that the US may reimpose sanctions on major OPEC member, Iran. Moreover, … Continue reading

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Silver: White metal extends its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.42% against the USD and closed at USD16.43 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.44, with silver … Continue reading

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Gold: yellow metal trading higher in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1306.60 per ounce, after the Fed reiterated that interest rates would rise only gradually. In the Asian session, at GMT0300, the pair … Continue reading

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AUD/USD: Australia’s trade surplus surprisingly widened to a nearly 1year high in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.05% against the USD and closed at 0.749. LME Copper prices rose 0.11% or $7.5/MT to $6785.0/MT. Aluminium prices rose 0.49% or $11.0/MT to $2269.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.2878. In the Asian session, at GMT0300, the pair is trading at 1.2856, with the USD trading 0.17% lower against the … Continue reading

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USD/CHF: Swiss real retail sales fell in March, SVME PMI surprised on the upside in April

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9989. Macroeconomic data revealed that Switzerland’s real retail sales declined 1.8% on an annual basis in March, after recording a drop … Continue reading

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USD/JPY: Japanese Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 109.82. In economic news, Japan’s consumer confidence index unexpectedly fell to a level of 43.6 in April, compared to a reading … Continue reading

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GBP/USD: UK’s construction sector bounced back into expansion territory in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.3576, despite robust British construction sector data. On the economic front, UK’s Markit construction PMI rose more-than-estimated to a level of … Continue reading

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EUR/USD: Euro-zone’s economic growth cooled as expected in 1Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1956, after the latest data revealed that Euro-bloc’s economic growth slowed at the start of the new year. The Euro-zone’s seasonally … Continue reading

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