Daily Archives: December 24, 2013

GBP/USD: British Pound extends its gains this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.6349. The British Pound found support yesterday, after the Bank of England (BoE) Deputy Governor, Andrew Bailey stated that the central bank … Continue reading

Posted in GBP/USD | Comments Off

Crude Oil: Trading higher ahead of the API data

Crude Oil Movement Crude Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 98.58, as traders booked profits. However, refinery strikes in France and internal strife in producers Libya and South Sudan checked … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal converging with its MA’s

Silver Movement Silver prices marginally rose to USD 19.45 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.38, 0.39% lower from yesterday’s close. Silver is expected to find support at … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading almost flat in the Asian session

Gold Movement Gold prices traded lower by 0.55% against the USD in the 24 hour period ending 23:00GMT, at 1198.72 per ounce, as the yellow metal lost its safe haven allure as the investor risk appetite increased after upbeat US … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.10% against the USD to close at 0.8931. LME Copper prices declined 0.2% or $13.5/MT to $ 7251.0/MT. Aluminium prices declined 1.2% or $21.0/MT to $ 1718.0/MT. In the … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canadian GDP beats estimates in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.0616. The Canadian Dollar traded broadly higher yesterday, after data indicated that the Canadian economy grew 0.3% in October, the fourth … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss UBS Consumption Indicator improves in November

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.8937. The Swiss Franc gained momentum after data indicated that the consumption indicator in Switzerland rose to a level of 1.43 … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s economy is recovering moderately, indicates BoJ

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.14% against the JPY and closed at 104.18, as positive data from the US indicated that the US economic recovery is continuing to gain traction. In the Asian … Continue reading

Posted in USD/JPY | Comments Off

EUR/USD: Tapering was right decision, says Fed’s Lacker

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3698. On the macro front, the import price index in Germany rose 0.1% on a monthly basis in November, compared to a … Continue reading

Posted in EUR/USD | Comments Off