Monthly Archives: July 2018

Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.05% against the USD and closed at USD69.59 per barrel after Saudi Arabia’s OPEC Governor, Adeeb Al-Aama stated that the kingdom’s exports are likely to fall by … 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 declined 1.54% against the USD and closed at USD15.33 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.30, with silver … Continue reading

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Gold: Yellow metal trading on a weaker footing in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at USD1223.30 per ounce. In the Asian session, at GMT0300, the pair is trading at 1218.50, with gold trading 0.39% lower against the … Continue reading

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AUD/USD: Aussie trading lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.57% against the USD and closed at 0.7357. LME Copper prices declined 12.8% or $779.0/MT to $5982.0/MT. Aluminium prices rose 1.1% or $22.0/MT to $2062.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CAD and closed at 1.3265. In the Asian session, at GMT0300, the pair is trading at 1.3264, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Swiss trade surplus surprisingly narrowed in June

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 0.9993. On the data front, Switzerland’s trade surplus unexpectedly narrowed to CHF2.6 billion in June, after registering a revised surplus of … Continue reading

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USD/JPY: Japan’s inflation advanced less-than-anticipated in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 112.44. In the economic news, Japan’s final machine tool orders advanced 11.4% on a yearly basis in June, confirming the preliminary … Continue reading

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GBP/USD: Britain’s retail sales unexpectedly declined in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.45% against the USD and closed at 1.3016, amid disappointing retail sales data. Data revealed that UK’s retail sales unexpectedly fell 0.5% on a monthly basis in June, … 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 rose slightly against the USD and closed at 1.1646. The US dollar declined against the Euro, after the US President, Donald Trump criticised the Federal Reserve’s (Fed) policy of … Continue reading

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Crude Oil: Oil trading a tad lower this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.67% against the USD and closed at USD68.87 per barrel, after the US Energy Information Administration (EIA) revealed that US inventories of gasoline, diesel and heating oil … Continue reading

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Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.19% against the USD and closed at USD15.57 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.50, with silver trading 0.45% lower against the … Continue reading

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