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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: May 2013
GBP/USD: BoE inflation report eyed
For the 24 hours to 23:00 GMT, GBP fell 0.51% against the USD and closed at 1.5228. On the economic front, the Conference Board leading economic index in the UK rose 0.4% in April, following the similar rate of … Continue reading
Posted in GBP/USD
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USD/JPY: Yen fell to a record low
For the 24 hours to 23:00 GMT, the USD strengthened 0.50% against the JPY and closed at 102.19. In the Asian session, at GMT0300, the pair is trading at 102.19, with the USD trading flat from yesterday’s close. The … Continue reading
Posted in USD/JPY
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Silver: Silver trading lower this morning
Silver prices declined 1.08% to the USD 23.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.30, 0.59% lower from yesterday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Gold traded lower amid strength in the US Dollar
Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1426.93 per ounce, as greenback strengthened against all of its major counter parts in yesterday’s session. In the Asian session, at GMT0300, … Continue reading
Posted in Gold
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AUD/USD: Australia reported its second budget deficit within three years
For the 24 hours to 23:00 GMT, AUD weakened 0.62% against the USD to close at 0.9907, after the Australian government unveiled a budget that forecasted a deficit of A$18 billion for 2013-2014 fiscal year, and stated that the … Continue reading
Posted in AUD/USD
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USD/CHF: Swiss Franc continues to trade in red
For the 24 hours to 23:00 GMT, the USD rose 1.31% against the CHF and closed at 0.9655. In the Asian session, at GMT0300, the pair is trading at 0.9662, with the USD trading marginally higher from yesterday’s close. … Continue reading
Posted in USD/CHF
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USD/CAD: Loonie continues to trade lower in the Asian session
For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CAD to close at 1.0185. In the Asian session, at GMT0300, the pair is trading at 1.0193, with the USD trading marginally higher from yesterday’s close. … Continue reading
Posted in USD/CAD
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Crude Oil: Oil lower on demand worries, trading higher this morning
Crude Oil prices declined 0.57% against the USD for the 24 hour period ending 23:00GMT, closing at 95.11, hit by reducing prospects for demand from China after industrial production in the nation rose slower-than-expected in April. In the Asian … Continue reading
Posted in Crude Oil
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Silver: Silver tracking gains in the yellow metal
Silver prices declined 0.37% to the USD 23.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.79, 0.39% higher from yesterday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Gold lower as Fed plans to windup stimulus program, trading higher in the Asian session
Gold prices traded lower by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1432.52 per ounce, pressured by concerns that the Federal Reserve might start to scale back its stimulus program. In the Asian session, … Continue reading
Posted in Gold
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EUR/USD: US retail sales rose unexpectedly in April
For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.2987. The Euro traded lower earlier in the session after the European Central Bank (ECB) council member, Ignazio Visco reportedly stated that, the … Continue reading
Posted in EUR/USD
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