Daily Archives: April 10, 2019

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.39% against the USD and closed at USD64.14 per barrel, after Russia suggested an end of the OPEC-led production cuts deal after the end of June. Also, … Continue reading

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Silver: White metal trading on a weaker footing in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.20% against the USD and closed at USD15.19 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.13, with silver trading 0.39% lower against the … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.45% against the USD and closed at USD1308.40 per ounce, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1306.00, with gold … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.7124. LME Copper prices rose 1.0% or $65.5/MT to $6498.0/MT. Aluminium prices declined 0.4% or $7.5/MT to $1851.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3331. In the Asian session, at GMT0300, the pair is trading at 1.3335, with the USD trading a tad higher against … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained steady in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.9997. In economic news, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.4% in March, at par with market expectations. In … Continue reading

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USD/JPY: Japan’s machinery orders rose for the first time in 4-months in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the JPY and closed at 111.15. In the Asian session, at GMT0300, the pair is trading at 111.18, with the USD trading slightly higher against the … Continue reading

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GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.3056, after the IMF cut UK’s growth forecast to 1.2% this year and warned that a no-deal Brexit would push the … Continue reading

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EUR/USD: Euro trading lower ahead of ECB’s key rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.08% against the USD and closed at 1.1266. The US dollar declined against the euro, amid concerns over US-EU trade tensions, after President Donald Trump stated that he … Continue reading

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