Daily Archives: December 14, 2018

Crude Oil: Oil reverses previous session’s gains; Baker Hughes weekly rig count data eyed

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.82% against the USD and closed at USD52.81 per barrel, amid news reports that Saudi Arabia is planning to reduce shipments to the US refiners to avoid … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.13% against the USD and closed at USD14.82 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.78, with silver … Continue reading

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Gold: Yellow metal trading a tad lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.38% against the USD and closed at USD1246.30 per ounce, as strength in the US dollar lowered demand for the safe haven asset. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.07% against the USD and closed at 0.7223. LME Copper prices rose 0.7% or $45.0/MT to $6196.0/MT. Aluminium prices declined 0.2% or $4.0 /MT to $1924.0/MT. In the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD remained flat against the CAD and closed at 1.3351. In economic news, Canada’s new house price index rose 0.1% on an annual basis in October, in line with market … Continue reading

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USD/CHF: Swiss National Bank keeps expansive policy, cuts inflation view

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.9939. On the data front, Switzerland’s producer and import prices fell 1.7% on a yearly basis in November, more than market … 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 rose 0.33% against the JPY and closed at 113.61. In the Asian session, at GMT0400, the pair is trading at 113.50, with the USD trading 0.10% lower against the … Continue reading

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GBP/USD: Pound reverses its gains in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.2662. In the Asian session, at GMT0400, the pair is trading at 1.2631, with the GBP trading 0.24% lower against the … Continue reading

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EUR/USD: ECB cuts 2019 Euro-zone growth & inflation outlook and ends QE

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1360, after the European Central Bank (ECB) slashed its growth forecasts for the euro area and confirmed that it would end … Continue reading

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