Daily Archives: July 16, 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 0.97% against the USD and closed at USD59.37 per barrel, after oil production in the Gulf of Mexico restarted, after Hurricane Barry swept through over the weekend. … 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 rose 1.45% against the USD and closed at USD15.42 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.37, 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 0.27% against the USD and closed at USD1417.90 per ounce. In the Asian session, at GMT0300, the pair is trading at 1414.80, with gold trading 0.22% lower against the … Continue reading

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AUD/USD: Central Bank to adjust interest rates, if necessary: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.7041. LME Copper prices rose 0.8% or $47.5/MT to $5997.5/MT. Aluminium prices rose 0.6% or $10.5/MT to $1810.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s existing home sales advanced in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.3047. Data showed that Canada’s existing home sales rose 0.2% on a monthly basis in June, more than market consensus for … Continue reading

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USD/CHF: Switzerland’s producer and import price dropped in June

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9842. In economic news, Switzerland’s producer and import price index fell 1.4% on a yearly basis in June, following a drop … 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 declined 0.10% against the JPY and closed at 107.85. In the Asian session, at GMT0300, the pair is trading at 107.96, with the USD trading 0.10% higher against the … Continue reading

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GBP/USD: Sterling trading slightly lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.36% against the USD and closed at 1.2519. In the Asian session, at GMT0300, the pair is trading at 1.2516, with the GBP trading marginally lower against the … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.05% against the USD and closed at 1.1262. In the US, data showed that the NY Empire State Manufacturing Index advanced to a 2-year high level of 4.3 … Continue reading

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