Daily Archives: January 23, 2020

Crude Oil: Oil trading lower ahead of the EIA crude stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.65% against the USD and closed at USD56.17 per barrel, on demand worries and after the International Energy Agency predicted an oversupply in crude oil market. Additionally, … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.37% against the USD and closed at USD17.85 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.79, with silver … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.06% against the USD and closed at USD1558.50 per ounce, ahead of the interest rate decision by global central banks. In the Asian session, at GMT0400, the pair is … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.44% against the USD and closed at 0.6843. LME Copper prices remained unchanged at $6158.5/MT. Aluminium prices declined 0.2% or $3.0/MT to $1,807.5/MT. In the Asian session, at … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session, on dovish bets

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.15% against the CAD and closed at 1.3139. The Canadian dollar declined against the US dollar, after dovish Bank of Canada (BoC) meeting. Data showed that Canada’s consumer … Continue reading

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USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9677. In the Asian session, at GMT0400, the pair is trading at 0.9683, with the USD trading 0.06% higher against the … Continue reading

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USD/JPY: Japanese Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.80% against the JPY and closed at 109.84. In the Asian session, at GMT0400, the pair is trading at 109.58, with the USD trading 0.24% lower against the … Continue reading

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GBP/USD: UK’s public sector net borrowing fell in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.40% against the USD and closed at 1.3139. In the UK, public sector net borrowing unexpectedly declined to £4.04 billion in December, compared to a revised reading of … Continue reading

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EUR/USD: Euro trading lower ahead of ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1095. In the US, data showed that the Chicago Fed National Activity Index declined to a level of -0.35 in December, … Continue reading

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