Monthly Archives: February 2020

Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.24% against the USD and closed at USD1642.90 per ounce, on rate cut hopes and concerns over the spread of coronavirus outside China. In the Asian session, at GMT0400, … 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 5.19% against the USD and closed at 0.6546. LME Copper prices declined 0.9% or $49.5/MT to $5,614.0/MT. Aluminium prices fell 0.5% or $8.5/MT to $1,676.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading flat in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.28% against the CAD and closed at 1.3340. In the Asian session, at GMT0400, the pair is trading at 1.3340, with the USD trading flat against the CAD … Continue reading

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USD/CHF: Swiss Franc trading higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.33% against the CHF and closed at 0.9766. On the data front, Switzerland’s ZEW survey expectations unexpectedly dropped to 7.7 in February, defying market expectations for a rise … Continue reading

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USD/JPY: Japanese Yen trading higher ahead of series of Japan’s key economic data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 110.39. In the Asian session, at GMT0400, the pair is trading at 110.24, with the USD trading 0.14% lower against the … Continue reading

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GBP/USD: British Pound reverses its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.97% against the USD and closed at 1.2901. In the Asian session, at GMT0400, the pair is trading at 1.2921, with the GBP trading 0.16% higher against the … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0882. In the US, In January, new home sales climbed 7.9% to a level of 764.00K on a monthly basis in … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.60% against the USD and closed at USD50.13 per barrel, amid growing concerns about the impact of coronavirus on energy demand. Moreover, the American Petroleum Institute (API) … Continue reading

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Silver: White metal reverses its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.37% against the USD and closed at USD18.05 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.10, with silver … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.40% against the USD and closed at USD1637.00 per ounce, amid profit booking. In the Asian session, at GMT0400, the pair is trading at 1641.80, with gold trading 0.29% … Continue reading

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AUD/USD: Aussie reverses its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.46% against the USD and closed at 0.6596. LME Copper prices rose 0.1% or $6.0/MT to $5,663.5/MT. Aluminium prices climbed 0.8% or $12.5/MT to $1,685.0/MT. In the Asian … Continue reading

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