Daily Archives: November 6, 2019

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.19% against the USD and closed at USD57.17 per barrel, amid US-China trade progress and after the Organization of the Petroleum Exporting Countries (OPEC) stated that it … Continue reading

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Silver: White metal trading flat in this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.71% against the USD and closed at USD17.57 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.57, 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 1.78% against the USD and closed at USD1484.90 per ounce, amid optimism over US-China trade pact. In the Asian session, at GMT0400, the pair is trading at 1488.20, with … Continue reading

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AUD/USD: Aussie trading a tad higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.6893. LME Copper prices rose 0.6% or $33.5/MT to $5880.0/MT. Aluminium prices rose 1.5% or $26.5/MT to $1813.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s international merchandise trade deficit narrowed less than forecast in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3151. In economic news, Canada’s international merchandise trade deficit narrowed to CAD$0.98 billion in September, compared to a revised deficit of … Continue reading

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USD/CHF: Swiss Franc trading marginally higher in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CHF and closed at 0.9928. In the Asian session, at GMT0400, the pair is trading at 0.9925, with the USD trading slightly lower against the … Continue reading

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USD/JPY: Japan’s Nikkei services PMI dropped more-than-expected in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the JPY and closed at 109.16. In the Asian session, at GMT0400, the pair is trading at 109.03, with the USD trading 0.12% lower against the … Continue reading

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GBP/USD: UK’s services PMI expanded in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2884. Data showed that UK’s services PMI expanded to a level of 50.0 in October, more than market expectations for a … Continue reading

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EUR/USD: Euro-zone’s producer price index declined in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.1075. On the macro front, Euro-zone’s producer price index (PPI) dropped 1.2% on an annual basis in September, registering its biggest … Continue reading

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