Daily Archives: January 24, 2019

Crude Oil: Oil trading lower ahead of EIA’s weekly crude inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.04% against the USD and closed at USD52.48 per barrel, amid potential US sanctions on Venezuela’s crude oil exports. Additionally, the American Petroleum Institute reported that the … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading a tad lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD15.37 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.36, with silver trading slightly lower against the … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading flat in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.29% against the USD and closed at USD1288.20 per ounce, as weakness in the US dollar increased demand for the dollar denominated commodity. In the Asian session, at GMT0400, … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie reverses its gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD increased 0.28% against the USD and closed at 0.7144. LME Copper prices dropped 0.1% or $6.0/MT to $5920.5/MT. Aluminium prices rose 0.5% or $10.0/MT to $1877.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slid 0.07% against the CAD and closed at 1.3345. In economic news, Canada’s retail sales fell 0.9% on a monthly basis in November, amid slump in sales at motor … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD dropped 0.25% against the CHF and closed at 0.9946. In the Asian session, at GMT0400, the pair is trading at 0.9940, with the USD trading 0.06% lower against the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 109.57. On the macro front, Japan’s final machine tool orders dropped 18.3% on a yearly basis in December, in line with … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Sterling trading a tad lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.90% against the USD and closed at 1.3078. On the macro front, balance of firms reporting total order book above normal declined to -1.0 in January, more than … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s consumer sentiment improved in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.1383. On the data front, Euro-zone’s flash consumer confidence index rose to a level of -7.9 in January, compared to a … Continue reading

Posted in EUR/USD | Comments Off