Daily Archives: January 4, 2019

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data and Baker Hughes weekly rig count

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.58% against the USD and closed at USD46.91 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 4.5 million barrels … Continue reading

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Silver: White metal trading on a stronger footing in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.12% against the USD and closed at USD15.80 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.87, with silver … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.44% against the USD and closed at USD1296.20 per ounce, amid broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1297.30, with … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.88% against the USD and closed at 0.7003. LME Copper prices declined 0.5% or $28.0/MT to $5811.0/MT. Aluminium prices declined 1.8% or $32.5/MT to $1825.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading marginally lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.10% against the CAD and closed at 1.3483. In the Asian session, at GMT0400, the pair is trading at 1.3484, with the USD trading a tad higher against … Continue reading

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USD/CHF: Switzerland’s manufacturing activity expanded in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9868. Data revealed that Switzerland’s SVME manufacturing PMI unexpectedly advanced to a level of 57.8 in December, cofounding market expectations for … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 107.66. In the Asian session, at GMT0400, the pair is trading at 108.31, with the USD trading 0.60% higher against the … Continue reading

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GBP/USD: UK’s construction PMI declined to a three-month low level in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.76% against the USD and closed at 1.2638. On macro front, UK’s construction PMI fell to a 3-month low level of 52.8 in December, amid escalating concerns over … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1395. The US dollar declined against its major peers, following disappointing factory data. Data showed that the US ISM manufacturing activity … Continue reading

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