Daily Archives: April 22, 2020

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 268.50% against the USD and closed at USD13.48 per barrel, after the American Petroleum Institute (API) reported that crude oil inventories rose by 13.2 million barrels in … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.71% against the USD and closed at USD15.06 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.03, with silver trading 0.23% lower against the … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1705.10 per ounce, as the US Dollar strengthened. In the Asian session, at GMT0300, the pair is trading at 1707.30, with gold … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australia’s Westpac leading index dropped in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 8.99% against the USD and closed at 0.6283. LME Copper prices declined 3.4% or $175.0/MT to $4994.5/MT. Aluminium prices fell 0.6% or $8.0/MT to $1443.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.89% against the CAD and closed at 1.4202. On the data front, Canada’s retail sales rose 0.3% on a monthly basis in February, compared to a revised rise … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s trade surplus widened in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CHF and closed at 0.9700. On the data front, Switzerland’s trade surplus widened to CHF4.0 billion in March, more than market forecast and compared to … Continue reading

Posted in USD/CHF | Comments Off

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.17% against the JPY and closed at 107.76. In the Asian session, at GMT0300, the pair is trading at 107.75, with the USD trading marginally lower against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s ILO unemployment rate unexpectedly rose in the three months ended February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.61% against the USD and closed at 1.2297. On the data front, UK’s ILO unemployment rate unexpectedly rose to 4.0% in the three months ended February, defying market … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s ZEW economic sentiment index rebounded in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.0854. On the macro front, Euro-zone’s ZEW economic sentiment index climbed to 25.2 in April, compared to a level of -49.5 … Continue reading

Posted in EUR/USD | Comments Off