Daily Archives: March 14, 2014

Crude Oil: Crude trading tad higher in the morning session

Crude Oil Movement Crude Oil prices marginally advanced against the USD for the 24 hour period ending 23:00GMT, closing at 98.14, amid lingering concerns on Ukraine crisis. Meanwhile crude prices were supported after upbeat data from the US raised expectations … Continue reading

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Silver: Silver extends its fall in the Asian trading session

Silver Movement Silver prices declined 0.19% to USD 21.24 per ounce during the 24 hours ending 23:00GMT, amid a strong US Dollar following strong US retail sales and jobless claims data. In the Asian session, at GMT0400, Silver is trading … Continue reading

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Gold: Yellow metal loses some of its shine in the morning session

Gold Movement Gold prices traded higher by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1373.47 per ounce, as tensions in Ukraine and the latest batch of downbeat Chinese economic data spurred demand for safe-haven assets. … Continue reading

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AUD/USD: Aussie trading lower amid lingering concerns on China’s economic growth

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 0.9030, on positive reaction to Australia’s upbeat employment data. However, the latest batch of soft economic releases from China, Australia’s largest trading … Continue reading

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USD/CAD: Canada’s new housing price index rose the most in 20-months in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.1079, despite data indicating that the retail sales in the US advanced in February for the first time in three months, … Continue reading

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USD/CHF: Swiss Franc continues to trade lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.8750, as traders cheered the latest batch of upbeat economic data from the US. In the Asian session, at GMT0400, the … Continue reading

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USD/JPY: Economy to recover at a moderate pace, indicates BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.03% against the JPY and closed at 101.78. The Japanese Yen advanced against the US Dollar as soft economic data from China and lingering concerns on Ukraine crisis, … Continue reading

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GBP/USD: Pound trading marginally higher ahead of UK trade balance data

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally rose against the USD and closed at 1.6622, amid lingering speculation that strong recovery in the UK economy could facilitate an interest rate hike sooner-than-expected. However, the gains in … Continue reading

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EUR/USD: ECB’s forward guidance on interest rate to depreciate the Euro, says ECB’s Chief, Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3865, after the ECB President, Mario Draghi hinted that the central bank’s forward guidance on interest rate might depreciate the Euro and … Continue reading

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