Daily Archives: May 2, 2019

Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.08% against the USD and closed at USD63.52 per barrel, amid escalation in Venezuela’s political turmoil. Separately, the Energy Information Administration (EIA) report indicated that US crude … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.70% against the USD and closed at USD14.71 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.66, with silver … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1279 per ounce, amid strength in the US dollar after the Federal Reserve opted to keep its interest rates steady. In the … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.40% against the USD and closed at 0.7018. LME Copper prices declined 0.7% or $44.0/MT to $6398.0/MT. Aluminium prices declined 1.9% or $33.5/MT to $1775.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s RBC manufacturing PMI contracted in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD and closed at 1.3438. In economic news, Canada’s RBC manufacturing PMI declined to a level of 49.7 April, following a level of 50.5 in … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 1.0172. In the Asian session, at GMT0300, the pair is trading at 1.0183, with the USD trading 0.11% 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 slightly declined against the JPY and closed at 111.41. In the Asian session, at GMT0300, the pair is trading at 111.66, with the USD trading 0.22% higher against the … Continue reading

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GBP/USD: UK’s Markit manufacturing PMI dropped to a two-month low level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.3055. On the data front, UK’s seasonally adjusted Nationwide house price index rose 0.4% on a monthly basis in April, surpassing … Continue reading

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EUR/USD: Euro trading slightly higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1202. The US dollar gained ground against major currencies, after the Fed, at its latest monetary policy meeting, decided to leave … Continue reading

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