Daily Archives: January 22, 2020

Crude Oil: Oil trading lower ahead of API’s weekly crude inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.88% against the USD and closed at USD58.30 per barrel, amid worries over rising global supplies and a potential slowdown in the global economy. In the Asian … Continue reading

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Silver: White metal trading on a negative footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.63% against the USD and closed at USD17.78 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.74, with silver … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.17% against the USD and closed at USD1558.00 per ounce, as investors booked profit, after gold prices jumped in the earlier session. In the Asian session, at GMT0400, the … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.43% against the USD and closed at 0.6844. LME Copper prices declined 1.4% or $86.5/MT to $6,158.5/MT. Aluminium prices rose 0.2% or $3.5/MT to $1,810.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower ahead of the Bank of Canada’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD and closed at 1.3073. On the macro front, Canada’s manufacturing sales fell 0.6% on a monthly basis in November, compared to a revised drop … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9687. In the Asian session, at GMT0400, the pair is trading at 0.9701, with the USD trading 0.14% higher against the … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.82% against the JPY and closed at 109.86. In the Asian session, at GMT0400, the pair is trading at 110.04, with the USD trading 0.16% higher against the … Continue reading

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GBP/USD: UK’s jobless rate remained unchanged in the three months to November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3047, despite strong UK jobs data. Data showed that in the UK, number of unemployment benefits claimants increased by 14.9K in … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1084. On the data front, Euro-zone’s, ZEW economic sentiment index unexpectedly jumped to a level of 25.6 in January, defying market … Continue reading

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