Daily Archives: January 8, 2020

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.25% against the USD and closed at USD63.13 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 5.9 million barrels … 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 1.68% against the USD and closed at USD18.47 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.59, 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 0.61% against the USD and closed at USD1576.10 per ounce, as investors weighed the prospects for further escalation in Middle East tensions. In the Asian session, at GMT0400, the … Continue reading

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AUD/USD: Australia’s building approvals rebounded in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.11% against the USD and closed at 0.6866. LME Copper prices rose 0.6% or $37.0/MT to $6134.5/MT. Aluminium prices rose 0.2% or $3.0/MT to $1794.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD and closed at 1.3005. In economic news, Canada’s Ivey Purchasing Managers Index dropped to 51.9 in December, compared to a level of 60.0 in … Continue reading

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USD/CHF: Switzerland’s consumer price index rose for the first time in three months in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9704. Data revealed that Switzerland’s consumer price index (CPI) advanced 0.2% on a yearly basis in December, following a drop of … Continue reading

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USD/JPY: Japan’s consumer confidence index climbed in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the JPY and closed at 108.42. In the Asian session, at GMT0400, the pair is trading at 108.36, with the USD trading 0.06% lower against the … Continue reading

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GBP/USD: British Pound extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3118. In the Asian session, at GMT0400, the pair is trading at 1.3131, with the GBP trading 0.10% higher against the … Continue reading

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EUR/USD: Euro-zone’s inflation advanced to a 6-month high level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.1149. On the data front, Euro-zone’s flash consumer price inflation accelerated to a 6-month high level of 1.3% on an annual … Continue reading

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