Daily Archives: January 24, 2020

Crude Oil: Oil trading lower ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.64% against the USD and closed at USD55.81 per barrel, amid speculation that China’s virus could lower fuel demand. Meanwhile, the Energy Information Administration (EIA) reported that … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading flat in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.28% against the USD and closed at USD17.80 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.80, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.64% against the USD and closed at USD1568.50 per ounce, as mounting concerns over the spread of coronavirus outbreak in China, spurred demand for the safe haven asset. In … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie reverses its losses 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 0.9% or $53.0/MT to $6,050.00/MT. Aluminium prices dropped 1.4% or $26.0/MT to $1,781.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a negative footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.05% against the CAD and closed at 1.3126. In the Asian session, at GMT0400, the pair is trading at 1.3129, with the USD trading slightly higher against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9695. In the Asian session, at GMT0400, the pair is trading at 0.9697, with the USD trading marginally higher against the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s inflation accelerated in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.52% against the JPY and closed at 109.54., In the Asian session, at GMT0400, the pair is trading at 109.48, with the USD trading 0.05% lower against the … Continue reading

Posted in USD/JPY | Comments Off

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.3123, as hopes for UK-EU trade deal rise. In the Asian session, at GMT0400, the pair is trading at 1.3125, with … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its losses in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1100, after the European Central Bank (ECB) kept its key interest unchanged and launched a strategic review. The ECB, in its … Continue reading

Posted in EUR/USD | Comments Off