Daily Archives: April 24, 2020

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 20.35% against the USD and closed at USD17.21 per barrel, amid rising conflict between the US and Iran and after major oil-producing nations announced plans to accelerate … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.84% against the USD and closed at USD15.55 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.54, with silver trading 0.06% lower against the … 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 1.06% against the USD and closed at USD1751.50 per ounce, amid hopes for more stimulus measures from major central banks. In the Asian session, at GMT0300, the pair is … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie extends its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.68% against the USD and closed at 0.6374. LME Copper prices rose 1.7% or $86.5/MT to $5,120.5/MT. Aluminium prices climbed 0.8% or $12.0/MT to $1473.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.87% against the CAD and closed at 1.4068. In the Asian session, at GMT0300, the pair is trading at 1.4073, with the USD trading slightly higher against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.26% against the CHF and closed at 0.9759. In the Asian session, at GMT0300, the pair is trading at 0.9770, with the USD trading 0.11% higher against the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s leading economic index rose in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.33% against the JPY and closed at 107.58. On the data front, Japan’s coincident index fell to 95.5 in February, compared to a revised level of 95.7 in … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s private sector activity contracted at its fastest pace in more than two decades

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.17% against the USD and closed at 1.2354. On the data front, UK’s public sector net borrowing deficit widened to £2.33 billion in March, compared to a revised … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s Markit manufacturing and services PMIs sharply dropped in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0780. On the macro front, Euro-zone’s Markit manufacturing PMI dropped to 33.6 in April, due to the measures taken to contain … Continue reading

Posted in EUR/USD | Comments Off