Gold: Yellow metal trading on a negative footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.23% against the USD and closed at USD1306.00 per ounce. In the Asian session, at GMT0300, the pair is trading at 1305.30, with gold trading 0.05% lower against the … Continue reading

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AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.33% against the USD and closed at 0.7476. LME Copper prices rose 0.06% or $4.5/MT to $7197.0/MT. Aluminium prices declined 0.02% or $0.05/MT to $2277.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.99% against the CAD and closed at 1.3105. On the data front, Canada’s new housing price index recorded a flat reading for the second consecutive month in April, … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.21% against the CHF and closed at 0.9966. In the Asian session, at GMT0300, the pair is trading at 0.9973, with the USD trading 0.07% higher against the … Continue reading

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USD/JPY: BoJ leaves interest rates unchanged

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the JPY and closed at 110.63. In the Asian session, at GMT0300, the pair is trading at 110.65, with the USD trading slightly higher against the … Continue reading

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GBP/USD: Britain’s retail sales tops market expectations in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.83% against the USD and closed at 1.3270. Macroeconomic data indicated that UK’s retail sales climbed more than estimated by 1.3% on a monthly basis in May, as … Continue reading

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EUR/USD: ECB signals gradual interest rate hikes and end of quantitative easing

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.82% against the USD and closed at 1.1583, after the European Central Bank (ECB), at its June monetary policy meeting, decided to keep the benchmark interest rate steady … Continue reading

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Crude Oil: Oil extends its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.23% against the USD and closed at USD66.65 per barrel, after the US Energy Information Administration (EIA) reported that crude supplies dropped more-than-expected by 4.1 million barrels … 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 rose 1.07% against the USD and closed at USD17.06 per ounce, tracking rise in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.98, with silver … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.38% against the USD and closed at USD1304.10 per ounce, amid a broad weakness in US Dollar and US equities. In the Asian session, at GMT0300, the pair is … Continue reading

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AUD/USD: Australia’s unemployment rate declined to a 6-month low level in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.09% against the USD and closed at 0.7577. LME Copper prices declined 1.34% or $31.0/MT to $2278.0/MT. Aluminium prices rose 0.01% or $1.0/MT to $7201.5/MT. In the Asian … Continue reading

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