Daily Archives: September 24, 2018

Crude Oil: Oil trading on a stronger footing in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.03% against the USD and closed at USD70.89 per barrel on Friday, after Baker Hughes reported that the number of active oil rigs fell by 1 to … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.17% against the USD and closed at USD14.33 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.24, … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.82% against the USD and closed at USD1202.10 per ounce on Friday, amid strength in US dollar. In the Asian session, at GMT0300, the pair is trading at 1200.50, … Continue reading

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AUD/USD Aussie extends its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.05% against the USD and closed at 0.7285 on Friday. LME Copper prices rose 2.4% or $146.0/MT to $6203.0/MT. Aluminium prices rose 0.8% or $15.5/MT to $2034.0/MT. In … Continue reading

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USD/CAD: Canada’s inflation advanced as estimated in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.2918 on Friday. On the macro front, Canada’s consumer price index (CPI) climbed to 2.8% on a yearly basis in August, … Continue reading

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USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD remained flat against the CHF and closed at 0.9589 on Friday. Data indicated that Switzerland M3 money supply advanced 2.5% on an annual basis in August, compared to a … Continue reading

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USD/JPY: Japanese Yen trading a tad lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the JPY and closed at 112.57 on Friday. In the Asian session, at GMT0300, the pair is trading at 112.59, with the USD trading slightly higher … Continue reading

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GBP/USD: Pound falls on concerns over ‘Hard Brexit’

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.45% against the USD and closed at 1.3079 on Friday, after British Prime Minister, Theresa May, stated that the UK and European Union (EU) have reached an impasse … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI eased to a 2-year low level in September while service sector activity expanded in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1749 on Friday. Macroeconomic news revealed that the Euro-zone’s preliminary manufacturing PMI slid to a two-year low level of 53.3 in … Continue reading

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