Daily Archives: May 29, 2019

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil invesntories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD58.90 per barrel, as ongoing trade war between US and China fuelled concerns about global economic slowdown. In the Asian … 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 declined 1.68% against the USD and closed at USD14.32 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.34, with silver … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.43% against the USD and closed at USD1284.40 per ounce, amid strength in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1284.910, with … Continue reading

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AUD/USD: Aussie extends 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 0.6922. LME Copper prices rose 0.6% or $37.5/MT to $5956.5/MT. Aluminium prices rose 0.7% or $11.5/MT to $1773.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of BoC’s key interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.3493. In the Asian session, at GMT0300, the pair is trading at 1.3485, with the USD trading 0.06% lower against the … Continue reading

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USD/CHF: Switzerland’s GDP growth accelerates in the first quarter

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 1.0072. Macroeconomic data indicate that Switzerland’s seasonally adjusted gross domestic product (GDP) advanced 0.6% on a quarterly basis in 1Q 2019, … Continue reading

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USD/JPY: Japanese Yen trading a tad lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the JPY and closed at 109.37. In the Asian session, at GMT0300, the pair is trading at 109.40, with the USD trading marginally higher against the … Continue reading

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GBP/USD: UK’s mortgage approvals surprisingly climbed to a two-year high level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.2657. Data showed that UK’s BBA mortgage approvals surprisingly rose to a two-year high level of 42.9K in April, signalling recovery … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index advanced in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1165. On the data front, the Euro-zone’s final consumer confidence index rose to a level of -6.5 in May, in line … Continue reading

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