Daily Archives: May 19, 2020

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 8.50 % against the USD and closed at USD33.3 per barrel, amid encouraging results from an experimental COVID-19 vaccine and optimism that resumption in economic activity would … Continue reading

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Silver: White metal trading a tad higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.68% against the USD and closed at USD17.44 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.45, with silver trading marginally higher against the … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.99% against the USD and closed at USD1734.70 per ounce, as positive results from the early trials of COVID-19 vaccine boosted risk appetite among investors. In the Asian session, … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.52% against the USD and closed at 0.6523. LME Copper prices rose 1.6% or $84.5/MT to $5,249.5/MT. Aluminium prices rose 0.6% or $9.0/MT to $1,441.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.89% against the CAD and closed at 1.3940. In the Asian session, at GMT0300, the pair is trading at 1.3964, with the USD trading 0.17% higher against the … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 0.9716. In the Asian session, at GMT0300, the pair is trading at 0.9725, with the USD trading 0.09% higher against the … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.55% against the JPY and closed at 107.34. In the Asian session, at GMT0300, the pair is trading at 107.40, with the USD trading 0.06% higher against the … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 6.38% against the USD and closed at 1.2197. In the Asian session, at GMT0300, the pair is trading at 1.2190, with the GBP trading 0.06% lower against the … Continue reading

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EUR/USD: Euro reverses its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.85% against the USD and closed at 1.0916. In the US, the NAHB housing market index rose to 37.0 in May, more than market expectations for an advance … Continue reading

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