Daily Archives: December 9, 2019

Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.41% against the USD and closed at USD59.15 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs dropped … 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 declined 2.44% against the USD and closed at USD16.61 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.62, … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.11% against the USD and closed at USD1464.90 per ounce on Friday, as the US dollar strengthened, following stronger-than-expected US jobs data. In the Asian session, at GMT0400, the … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.10% against the USD and closed at 0.6838 on Friday. LME Copper prices rose 0.2% or $12.5/MT to $5867.5/MT. Aluminium prices declined 0.3% or $5.5/MT to $1750.5/MT. In … Continue reading

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USD/CAD: Canada’s unemployment rate unexpectedly advanced in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD and closed at 1.3264 on Friday. On the macro front, Canada’s unemployment rate unexpectedly rose to 5.9% in November, defying market expectations of an … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CHF and closed at 0.9901 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9909, with the USD trading 0.08% higher … Continue reading

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USD/JPY: Japan’s economy grew faster than estimated in 3Q 2019

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the JPY and closed at 108.58 on Friday. In the Asian session, at GMT0400, the pair is trading at 108.58, with the USD trading flat against … Continue reading

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GBP/USD: UK’s Halifax house prices advanced in the three months ended November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.3136 on Friday. In economic news, UK’s Halifax house prices rose 2.1% on a yearly basis in the September-November 2019 period, … Continue reading

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EUR/USD: Germany’s industrial production unexpectedly eased at its fastest pace since 2009 in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1056 on Friday. On the data front, Germany’s seasonally adjusted industrial production unexpectedly eased 1.7% on a monthly basis in October, … Continue reading

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