Daily Archives: December 2, 2019

Oil reverses its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.61% against the USD and closed at USD55.42 per barrel on Friday, amid uncertainty over the Organisation of Petroleum Exporting Countries (OPEC) oil production extension cuts. In … Continue reading

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White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.35% against the USD and closed at USD17.11 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.005, with silver trading 0.58% lower … Continue reading

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Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.57% against the USD and closed at USD1470.4 per ounce on Friday, as concerns over the US-China trade tensions resurfaced. In the Asian session, at GMT0400, the pair is … Continue reading

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AUD/USD: Aussie reverses its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.06% against the USD and closed at 0.6764 on Friday. LME Copper prices declined 0.5% or $27.5/MT to $5854.0/MT. Aluminium prices rose 1.2% or $20.5/MT to $1785.5/MT. In … Continue reading

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USD/CAD: Canada’s economy slowed sharply in the third quarter

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3279 on Friday. Data indicated that Canada’s annualised gross domestic product (GDP) grew 1.3% on a quarterly basis in the third … Continue reading

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 1.0001 on Friday. Data revealed that Switzerland’s KOF leading indicator unexpectedly slid to a level of 93.0 November, marking its lowest … Continue reading

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USD/JPY: Japanese Yen trading lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the JPY and closed at 109.46 on Friday. Data showed that Japan’s consumer confidence index increased to 38.7 in November, compared to a reading of 36.2 … Continue reading

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GBP/USD: UK’s consumer credit advanced in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.2935 on Friday. Data indicated that UK’s consumer credit climbed to £1.3 billion in October, surpassing market forecast for a rise … Continue reading

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EUR/USD: Euro-zone’s inflation accelerated in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.1017 on Friday. Data showed that Euro-zone’s consumer price index (CPI) climbed 1.0% on an annual basis in November, beating market … Continue reading

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