Daily Archives: January 8, 2019

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.93% against the USD and closed at USD48.76 per barrel, amid optimism over US-China trade talks and on support from OPEC production cuts. Adding to the positive … Continue reading

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Silver: White metal extends its losses this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.22% against the USD and closed at USD15.72 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.60, with silver trading 0.76% lower against the … Continue reading

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Gold: Yellow metal reverses its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.32% against the USD and closed at USD1290.30 per ounce, amid weakness in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1284.60, with … Continue reading

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AUD/USD: Australia’s trade surplus narrowed more than expectations in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.35% against the USD and closed at 0.7147. LME Copper prices rose 0.9% or $49.5/MT to $5889.5/MT. Aluminium prices declined 1.1% or $21.0/MT to $1858.0/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 declined 0.61% against the CAD and closed at 1.3292. Data showed that Canada’s seasonally adjusted Ivey PMI climbed to a level of 59.7 in December, compared to a level … 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 0.25% against the JPY and closed at 108.67. In the Asian session, at GMT0400, the pair is trading at 108.97, with the USD trading 0.28% higher against the … Continue reading

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GBP/USD: Sterling trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.2788. In the Asian session, at GMT0400, the pair is trading at 1.2756, with the GBP trading 0.25% lower against the … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index eased to a four-year low level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.60% against the USD and closed at 1.1478. On macro front, the Euro-zone’s Sentix investor confidence index fell for the fifth consecutive month to a four-year low level … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CHF and closed at 0.9794. In economic news, Switzerland’s total sight deposits eased to a level of CHF574.0 billion in the week ended 04 January, … Continue reading

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