Daily Archives: November 16, 2018

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.07% against the USD and closed at USD56.56 per barrel, after a weekly government report showed a huge decline in the US inventories of processed fuels. Meanwhile, … Continue reading

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Silver: White metal trading on a positive footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.13% against the USD and closed at USD14.26 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.29, 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 0.22% against the USD and closed at USD1213.90 per ounce, amid Brexit turmoil. In the Asian session, at GMT0400, the pair is trading at 1215.00, with gold trading 0.09% … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.58% against the USD and closed at 0.7277. LME Copper prices rose 1.3% or $82.0/MT to $6188.0/MT. Aluminium prices declined 0.7% or $14.0/MT to $1917.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s existing home sales declined in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.3177. On the macroeconomic front, Canada’s existing home sales fell 1.6% on a monthly basis in October, more than market consensus … Continue reading

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 1.0069. In the Asian session, at GMT0400, the pair is trading at 1.0066, with the USD trading marginally lower against the … Continue reading

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USD/JPY: Japanese Yen extends its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 113.57. In the Asian session, at GMT0400, the pair is trading at 113.40, with the USD trading 0.15% lower against the … Continue reading

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GBP/USD: UK’s retail sales unexpectedly dropped in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.75% against the USD and closed at 1.2767, after Brexit Secretary, Dominic Raab and two other ministers resigned over Prime Minister, Theresa May’s draft Brexit deal. Data indicated … Continue reading

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EUR/USD: Euro-zone’s trade surplus narrowed in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1324. In the economic news, the Euro-zone’s seasonally adjusted trade surplus narrowed to €13.4 billion in September, compared to a revised … Continue reading

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