Daily Archives: December 24, 2019

Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.51% against the USD and closed at USD60.58 per barrel, despite reports indicating that a recent deal to curtail global output by OPEC and its allies may … 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 1.24% against the USD and closed at USD17.51 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.61, 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 0.41% against the USD and closed at USD1489.80 per ounce, as concerns about the health of major global economies buoyed demand for the safe-haven asset. In the Asian session, … Continue reading

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AUD/USD: Aussie trading marginally lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.10% against the USD and closed at 0.6918. LME Copper prices slightly declined by $2.5/MT to $ 6153.0/MT. Aluminium prices rose 0.1% or $1.0/MT to $ 1771.5/MT. In … Continue reading

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USD/CAD: Canada’s economy contracted in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3147. Data indicated that Canada’s gross domestic product (GDP) unexpectedly fell by 0.1% on a monthly basis in October, registering its … Continue reading

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USD/CHF: Swiss Franc trading on a negative footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9816. In the Asian session, at GMT0400, the pair is trading at 0.9822, with the USD trading 0.06% higher against the … Continue reading

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USD/JPY: Japanese Yen trading flat this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 109.40. In the Asian session, at GMT0400, the pair is trading at 109.40, with the USD trading flat against the JPY … Continue reading

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GBP/USD: British Pound trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.55% against the USD and closed at 1.2941, amid fears that UK would leave the European Union without a deal. In the Asian session, at GMT0400, the pair … Continue reading

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EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1092. In the US, data showed that durable goods orders unexpectedly fell by 2.0% in November, defying market expectations for a … Continue reading

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