Daily Archives: May 14, 2019

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.01% against the USD and closed at USD60.95 per barrel, as rising US-China trade tensions fuelled concerns over global economic growth. In the Asian session, at GMT0300, … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.37% against the USD and closed at USD14.78 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.79, with silver … Continue reading

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Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.21% against the USD and closed at USD1301.20 per ounce, amid weakness in the US equities. In the Asian session, at GMT0300, the pair is trading at 1299.40, with … Continue reading

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AUD/USD: Australia’s NAB business conditions index dropped in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.53% against the USD and closed at 0.6945. LME Copper prices declined 1.5% or $93.0/MT to $6042.5/MT. Aluminium prices rose 0.03% or $0.5/MT to $1765.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.3484. In the Asian session, at GMT0300, the pair is trading at 1.3472, with the USD trading 0.09% lower against the … 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 0.54% against the CHF and closed at 1.0053. In economic news, Switzerland’s total sight deposits rose to a level of CHF578.1 billion in the week ended 10 May … Continue reading

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USD/JPY: Japan’s leading economic index fell to its lowest level since mid-2016 in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the JPY and closed at 109.26. On the data front, Japan’s preliminary leading economic index fell to a level of 96.30 in March, falling to its … Continue reading

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GBP/USD: British Pound trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.45% against the USD and closed at 1.2952. In the Asian session, at GMT0300, the pair is trading at 1.2962, with the GBP trading 0.08% higher against the … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1231. In the Asian session, at GMT0300, the pair is trading at 1.1233, with the EUR trading slightly higher against the … Continue reading

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