Daily Archives: March 26, 2020

Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.54% against the USD and closed at USD 24.26 per barrel, amid optimism surrounding the USD2.00tn economic stimulus package in the US to contain the impact of … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.41% against the USD and closed at USD 14.60 per ounce. In the Asian session, at GMT0400, the pair is trading at 14.62, with silver trading 0.10% higher against … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extends its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 2.10% against the USD and closed at USD 1638.90 per ounce, as concerns over rising coronavirus cases outweighed hopes of a US government stimulus package. In the Asian session, … 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 14.38% against the USD and closed at 0.5911. LME Copper prices declined 0.7% or $35.5/MT to $4,754.0/MT. Aluminium prices fell 1.6% or $25.0/MT to $1,507.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 9.02% against the CAD and closed at 1.4219. In the Asian session, at GMT0400, the pair is trading at 1.4236, with the USD trading 0.12% higher against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s ZEW business expectations dropped in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.37% against the CHF and closed at 0.9770. In the Switzerland, the ZEW survey expectations dropped to a level of -45.8 in March, compared to a level of … Continue reading

Posted in USD/CHF | Comments Off

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.75% against the JPY and closed at 110.98. In the Asian session, at GMT0400, the pair is trading at 110.72, with the USD trading 0.23% lower against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s consumer price inflation slowed as estimated in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 9.27% against the USD and closed at 1.1820. On the data front, UK’s consumer price inflation slowed to 1.7% on a yearly basis in February, driven by motor … Continue reading

Posted in GBP/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.69% against the USD and closed at 1.0883. On the macro front, Germany’s Ifo business expectations decreased to a level of 79.7 in March, as the spread of … Continue reading

Posted in EUR/USD | Comments Off