Daily Archives: December 28, 2018

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.39% against the USD and closed at USD45.34 per barrel, amid ongoing worries over global economic growth and excess supply. Additionally, the American Petroleum Institute (API) reported … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.29% against the USD and closed at USD15.29 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.34, with silver … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.43% against the USD and closed at USD1278.10 per ounce, amid weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1280.30, with gold … Continue reading

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AUD/USD: Aussie trading on a positive footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.40% against the USD and closed at 0.7030. LME Copper prices rose 0.1% or $3.0/MT to $5990.0/MT. Aluminium prices declined 1.2% or $22.0/MT to $1898.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s gross domestic product climbed at its strongest pace in 5-months in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3595 on Friday. Data indicated that Canada’s gross domestic product (GDP) rebounded 0.3% on a monthly basis in October, rising at … Continue reading

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USD/CHF: Swiss Franc extends its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9876. In the Asian session, at GMT0400, the pair is trading at 0.9849, with the USD trading 0.27% lower against the … Continue reading

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USD/JPY: Japan’s annual industrial production rose beyond expectations in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the JPY and closed at 110.91. In the Asian session, at GMT0400, the pair is trading at 110.60, with the USD trading 0.28% lower against the … Continue reading

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GBP/USD: British Pound reverses its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.09% against the USD and closed at 1.2645. In the Asian session, at GMT0400, the pair is trading at 1.2663, with the GBP trading 0.14% higher against the … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1431. The European Central Bank’s (ECB), in its monthly economic bulletin, indicated that significant monetary policy stimulus is still required, in … Continue reading

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