Daily Archives: April 28, 2020

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 18.33% against the USD and closed at USD12.83 per barrel, amid rising concerns about limited storage capacity for crude worldwide. In the Asian session, at GMT0300, the … Continue reading

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Silver: White metal trading lower in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.12% against the USD and closed at USD15.40 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.27, with silver … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.95% against the USD and closed at USD1724.30 per ounce, as plans to ease lockdown restrictions by many countries reduced demand for the precious yellow metal. In the Asian … Continue reading

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AUD/USD: Aussie trading lower, ahead key economic data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.45% against the USD and closed at 0.6459. LME Copper prices declined 0.9% or $47.5/MT to $5165.5/MT. Aluminium prices marginally fell to $1472.5/MT. In the Asian session, at … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.51% against the CAD and closed at 1.4021. In the Asian session, at GMT0300, the pair is trading at 1.4059, with the USD trading 0.27% higher against the … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.21% against the CHF and closed at 0.9755. On the data front, Switzerland’s total sight deposits rose to CHF650.7 billion in the week ended 24 April 2020 from … Continue reading

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USD/JPY: Japan’s unemployment rate climbed in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.63% against the JPY and closed at 107.25. In the Asian session, at GMT0300, the pair is trading at 107.29, with the USD trading marginally higher against the … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.61% against the USD and closed at 1.2428. In the Asian session, at GMT0300, the pair is trading at 1.2414, with the GBP trading 0.11% lower against the … Continue reading

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EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0830. In the US, the Dallas Fed manufacturing business index dropped to -73.7 in April, compared to a level of -70.0 … Continue reading

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