Daily Archives: March 22, 2019

Crude Oil: Oil trading slightly lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.27% against the USD and closed at USD59.88 per barrel, amid global trade tensions. In the Asian session, at GMT0400, the pair is trading at 59.87, with … Continue reading

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Silver: White metal reverses its losses this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.23% against the USD and closed at USD15.47 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.48, with silver trading 0.06% higher against the … Continue reading

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Gold: Yellow metal trading marginally lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly rose against the USD and closed at USD1315.00 per ounce, following the US Federal Reserve’s dovish stance on future rate hikes. In the Asian session, at GMT0400, the pair … Continue reading

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AUD/USD: Australia’s manufacturing PMI fell in March, while the services PMI rose in the same month

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.7110. LME Copper prices rose 0.5% or $33.0/MT to $6520.0/MT. Aluminium prices rose 1.7% or $32.0/MT to $1891.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD and closed at 1.3366. In the Asian session, at GMT0400, the pair is trading at 1.3365, with the USD trading a tad lower against … Continue reading

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USD/CHF: SNB left its benchmark interest rate unchanged and cut its inflation forecast

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9919. In economic news, Switzerland’s M3 money supply advanced 3.5% on a yearly basis in February, following a revised rise of … Continue reading

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USD/JPY: Japan’s national consumer price index rose less-than-expected in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the JPY and closed at 110.78. In the Asian session, at GMT0400, the pair is trading at 110.77, with the USD trading slightly lower against the … Continue reading

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GBP/USD: BoE kept its key interest rate steady at 0.75%, in line with expectations

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.3118, amid growing fears that a no-deal Brexit would become a reality. On the macro front, UK’s public sector net borrowing … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index improved in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1375. Data indicated that the Euro-zone’s flash consumer confidence index rose to a level of -7.2 in March, compared to a … Continue reading

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