Daily Archives: December 6, 2019

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.05% against the USD and closed at USD58.33 per barrel, after the Organization of the Petroleum Exporting Countries and their allies agreed to curb oil output by … 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 0.56% against the USD and closed at USD17.03 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.02, with silver … Continue reading

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Gold: Yellow metal trading slightly lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.06% against the USD and closed at USD1481.10 per ounce, amid weakness in the greenback and uncertainty surrounding the US-China trade deal. In the Asian session, at GMT0400, the … Continue reading

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AUD/USD: Australia’s AIG performance of construction index dropped in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.6831. LME Copper prices rose 0.6% or $32.0/MT to $5855.0/MT. Aluminium prices declined 0.9% or $15.0/MT to $1756.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s Ivey PMI rose to a 3-month high level in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3180. In economic news, Canada’s seasonally adjusted Ivey PMI advanced to a 3-month high level of 60.0 in November, surpassing market … Continue reading

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USD/CHF: Swiss Franc trading flat in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9871. In the Asian session, at GMT0400, the pair is trading at 0.9871, with the USD trading flat against the CHF … Continue reading

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USD/JPY: Japan’s leading economic index surprisingly declined in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the JPY and closed at 108.75. Data showed that Japan’s leading economic index unexpectedly fell to a level of 91.8 in October, defying market consensus for … Continue reading

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GBP/USD: British pound trading a tad higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.40% against the USD and closed at 1.3159, amid growing optimism over Conservative Party’s win in the upcoming general elections. In the Asian session, at GMT0400, the pair … Continue reading

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EUR/USD: Euro-zone’s economy grew as estimated in 3Q 2019

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1106. On the data front, Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.2% on a quarterly basis in 3Q … Continue reading

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