Daily Archives: December 4, 2019

Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.66% against the USD and closed at USD56.41 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell more-than-expected by 3.7 million … 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 rose 1.44% against the USD and closed at USD17.23 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.26, with silver … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.08% against the USD and closed at USD1483.50 per ounce, amid broad weakness in the US dollar and uncertainty surrounding the US-China trade deal. In the Asian session, at … Continue reading

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AUD/USD: Australia’s economic growth slowed in 3Q 2019

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.48% against the USD and closed at 0.6850. LME Copper prices declined 0.7% or $43.5/MT to $5812.0/MT. Aluminium prices rose 0.7% or $12.5/MT to $1802.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD and closed at 1.3294. In the Asian session, at GMT0400, the pair is trading at 1.3287, with the USD trading 0.05% lower against the … Continue reading

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USD/CHF: Switzerland’s consumer price index eased in November

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CHF and closed at 0.9871. Data showed that Switzerland’s consumer price index (CPI) eased 0.1% on an annual basis in November, at par with market … Continue reading

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USD/JPY: Japan’s services PMI expanded less-than-expected in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 108.64. In the Asian session, at GMT0400, the pair is trading at 108.56, with the USD trading 0.07% lower against the … Continue reading

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GBP/USD: UK’s construction PMI advanced in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.2998. On the data front, UK’s construction PMI rose to a level of 45.3 in November, surpassing market expectations for an … Continue reading

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EUR/USD: Euro-zone’s producer price index dropped as estimated in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1082. In economic news, Euro-zone’s producer price index (PPI) declined 1.9% on a yearly basis in October, in line with market … Continue reading

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