Daily Archives: March 27, 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 4.45% against the USD and closed at USD 23.18 per barrel, amid growing worries about decline in crude demand . In the Asian session, at GMT0400, the … Continue reading

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Silver: White metal trading on positive footing in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.10% against the USD and closed at USD 14.59 per ounce. In the Asian session, at GMT0400, the pair is trading at 14.79, with silver trading 1.37% higher against … 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 0.90% against the USD and closed at USD 1655.20 per ounce, as the US dollar declined after initial jobless claims surged to a record high level. In the Asian … Continue reading

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AUD/USD: Aussie trading higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 12.38% against the USD and closed at 0.6049. LME Copper prices rose 0.5% or $21.5/MT to $4,775.5/MT. Aluminium prices remained flat at $1,507.5/MT. In the Asian session, at … Continue reading

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USD/CAD: Loonie reverses its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.80% against the CAD and closed at 1.4059. In the Asian session, at GMT0400, the pair is trading at 1.4004, with the USD trading 0.39% lower against the … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.9618. In the Asian session, at GMT0400, the pair is trading at 0.9593, with the USD trading 0.26% lower against the … Continue reading

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USD/JPY: Japanese Yen extends its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the JPY and closed at 109.26. In the Asian session, at GMT0400, the pair is trading at 108.54, with the USD trading 0.66% lower against the … Continue reading

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GBP/USD: UK’s retail sales unexpectedly declined in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 6.65% against the USD and closed at 1.2162. On the data front, UK’s retail sales unexpectedly dropped 0.3% on a monthly basis in February, amid weak sales due … Continue reading

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EUR/USD: Euro-zone’s M3 money supply grew at a faster than expected pace in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.46% against the USD and closed at 1.1042. On the macro front, Euro-zone’s M3 money supply rose to 5.5% on a yearly basis in February, compared to an … Continue reading

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