Daily Archives: June 6, 2019

Crude Oil: Oil reverses its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.89% against the USD and closed at USD51.50 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 6.8 million … 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 slightly rose against the USD and closed at USD14.82 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.81, with silver … 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 0.51% against the USD and closed at USD1336.70 per ounce, amid expectations that the Federal Reserve would cut interest rates in the upcoming policy meeting. In the Asian session, … Continue reading

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AUD/USD: Australia’s trade surplus unexpectedly narrowed in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.6970. LME Copper prices rose 0.5% or $28.5/MT to $5832.5/MT. Aluminium prices rose 0.8% or $14.5/MT to $1766.0/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 0.22% against the CAD and closed at 1.3423. In the Asian session, at GMT0300, the pair is trading at 1.3413, with the USD trading 0.07% lower against the … Continue reading

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USD/CHF: Swiss Franc extends its losses in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9939. In the Asian session, at GMT0300, the pair is trading at 0.9945, with the USD trading 0.06% higher against the … 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 slightly rose against the JPY and closed at 108.24. In the Asian session, at GMT0300, the pair is trading at 108.28, with the USD trading marginally higher against the … Continue reading

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GBP/USD: Britain’s services PMI advanced to 3-month high level in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.07% against the USD and closed at 1.2691. On the data front, Britain’s services PMI advanced to a level of 51.0 in May, expanding a at a three-month … Continue reading

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EUR/USD: Euro-zone’ s services sector activity surprisingly rose in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1229. In economic news, Euro-zone’ s final services PMI unexpectedly rose to a level of 52.9 in May, compared to a … Continue reading

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