Monthly Archives: April 2020

Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.05% against the USD and closed at USD1722.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 1724.30, with gold trading 0.12% higher against the … Continue reading

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AUD/USD: Australia’s consumer price inflation rose in 1Q20

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.91% against the USD and closed at 0.6496. LME Copper prices rose 0.1% or $4.0/MT to $5,169.5/MT. Aluminium prices declined 0.5% or $7.5/MT to $1465.0/MT. In the Asian … 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 7.33% against the CAD and closed at 1.3998. In the Asian session, at GMT0300, the pair is trading at 1.3947, with the USD trading 0.36% lower against the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.10% against the CHF and closed at 0.9744. In the Asian session, at GMT0300, the pair is trading at 0.9728, with the USD trading 0.16% 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 3.01% against the JPY and closed at 106.83. In the Asian session, at GMT0300, the pair is trading at 106.54, with the USD trading 0.27% lower against the … Continue reading

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GBP/USD: British Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.61% against the USD and closed at 1.2427. On the macro front, Britain’s CBI distributive trade survey’s retail sales balance dropped to -55.0% in April, registering biggest its … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0826. In the US, goods trade deficit widened to $64.2 billion in March, compared to a deficit of $59.9 billion in … Continue reading

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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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