Daily Archives: December 31, 2013

Crude Oil: Crude falls on soft US housing data, talk of rising Libyan output

Crude Oil Movement Crude Oil prices declined 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 99.33, after disappointing US home sales figures reignited fears of the outlook of the nation, lead to a speculation that … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 2.60% to USD 19.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.48, 0.70% lower from yesterday’s close. Silver is expected to find support at … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading tad higher this morning

Gold Movement Gold prices traded lower by 1.46% against the USD in the 24 hour period ending 23:00GMT, at 1197.94 per ounce. In the Asian session, at GMT0400, Gold is trading at 1198.34, marginally higher from yesterday’s close. Gold is … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australian private sector credit witnesses modest growth

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.78% against the USD to close at 0.8922. LME Copper prices rose 0.2% or $12.0/MT to $ 7387.0/MT. Aluminium prices rose 1.0% or $17.5/MT to $ 1771.0/MT. In the … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading below its MA’s

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.60% against the CAD to close at 1.0645, after data showed that pending home sales in the US rose less-than-expected in November. In the Asian session, at GMT0400, … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.8874. In the Asian session, at GMT0400, the pair is trading at 0.8881, with the USD trading 0.08% higher from yesterday’s … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading tad lower in the wake of national holiday

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.35% against the JPY and closed at 104.93, after a disappointing report on US pending home sales. The pending home sales data rose for the first time in … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.08% against the USD and closed at 1.6493. The US Dollar fell after the economic data showed that the pending US home sales came in below expectations, a result … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Low-interest rates cannot continue forever, indicated Germany Finance Minister

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.3808. The US Dollar lost momentum, on the back of disappointing pending US home sales data. According to the National Association of … Continue reading

Posted in EUR/USD | Comments Off