Daily Archives: December 21, 2018

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.17% against the USD and closed at USD46.38 per barrel, amid worries over excess supply and outlook for energy demand. In the Asian session, at GMT0400, the … Continue reading

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Silver: White metal reverses its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.99% against the USD and closed at USD14.84 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.83, with silver … Continue reading

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Gold: Yellow metal trading flat in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.20% against the USD and closed at USD1263.40 per ounce, amid weakness in the US dollar and equities. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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AUD/USD: Aussie trading slightly lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.7117. LME Copper prices rose 1.1% or $64.0/MT to $6051.0/MT. Aluminium prices declined 0.2% or $4.5/MT to $1932.5/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 0.14% against the CAD and closed at 1.3502. In the Asian session, at GMT0400, the pair is trading at 1.3500, with the USD trading slightly lower against the … Continue reading

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USD/CHF: Switzerland’s trade surplus widened in November

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CHF and closed at 0.9873. On the macro front, Switzerland’s trade surplus widened to a level of CHF4.74 billion in November, compared to a revised … 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 declined 1.01% against the JPY and closed at 111.24. In economic news, Japan’s final machine tool orders declined 17.0% on an annual basis in November, compared to a drop … Continue reading

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GBP/USD: BoE kept its benchmark interest rate unchanged, as widely expected.

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.35% against the USD and closed at 1.2665. Data indicated that UK’s retail sales advanced 3.6% on an annual basis in November, buoyed by Black Friday promotions & … Continue reading

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EUR/USD: Euro-zone’s current account surplus expanded in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.1453. On the data front, the Euro-zone’s seasonally adjusted current account surplus widened to €23.0 billion in October, following a revised … Continue reading

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