Daily Archives: January 10, 2019

Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.33% against the USD and closed at USD52.16 per barrel, amid continued optimism over US-China trade negotiations and after the Energy Information Administration (EIA) report indicated that … 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 0.45% against the USD and closed at USD15.79 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.82, with silver … Continue reading

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Gold: Yellow metal trading higher in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.75% against the USD and closed at USD1294.70 per ounce, amid broad weakness in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1297.80, … Continue reading

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AUD/USD: Aussie extends its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.20% against the USD and closed at 0.7173. LME Copper prices rose 1.0% or $59.5/MT to $5964.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1842.0/MT. In the Asian … Continue reading

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USD/CAD: The BoC kept its key interest rate steady at 1.75%, as widely expected

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD and closed at 1.3208. Data revealed that Canada’s seasonally adjusted housing starts fell to a level of 213.4K in December, compared to market anticipations … Continue reading

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USD/CHF: Switzerland’s consumer price inflation slowed to a 10-month low level in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CHF and closed at 0.9738. In economic news, Switzerland’s consumer price inflation (CPI) slowed to a 10-month low level of 0.7% on an annual basis … Continue reading

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USD/JPY: Japan’s leading economic index unexpectedly eased in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the JPY and closed at 108.16. Macroeconomic data showed that Japan’s flash leading economic index unexpectedly eased to a level of 99.3 in November, compared to … Continue reading

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GBP/USD: UK’s BRC sales like-for-like declined more-than-estimated in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.50% against the USD and closed at 1.2799. Data indicated that, UK’s BRC sales like-for-like dropped 0.7% on an annual basis in December, compared to a decline of … Continue reading

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EUR/USD: Euro-zone’s unemployment rate declined to its lowest level in 10-years in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1552. On macro front, the Euro-zone’s unemployment rate unexpectedly tumbled to decade low level of 7.9% in November, compared to a … Continue reading

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