Daily Archives: February 27, 2019

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.96% against the USD and closed at USD55.94 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 4.2 million barrels … Continue reading

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Silver: White metal trading lower this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.22% against the USD and closed at USD15.97 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.95, with silver … 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 0.12% against the USD and closed at USD1331.00 per ounce, amid broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1330.40, with … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.35% against the USD and closed at 0.7194. LME Copper prices declined 1.4% or $93.0/MT to $6471.0/MT. Aluminium prices declined 0.9% or $16.0/MT to $1870.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD and closed at 1.3165. In the Asian session, at GMT0400, the pair is trading at 1.3173, with the USD trading 0.06% higher against the … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9998. In the Asian session, at GMT0400, the pair is trading at 1.0005, with the USD trading 0.07% higher against the … Continue reading

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USD/JPY: Japanese Yen reverses its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the JPY and closed at 110.54. In the Asian session, at GMT0400, the pair is trading at 110.59, with the USD trading 0.05% higher against the … Continue reading

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GBP/USD: Sterling reverses its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.06% against the USD and closed at 1.3259, amid news of a potential Brexit delay. Data showed that UK’s BBA mortgage approvals unexpectedly rose to a level of … Continue reading

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EUR/USD: Germany’s Gfk consumer confidence index remained steady in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1393. On the macro front, Germany’s Gfk consumer confidence index remained steady at a level of 10.8 in March, at par … Continue reading

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