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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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Daily Archives: May 20, 2014
AUD/USD: Weakness in capital inflows to Australia could trigger a depreciation in the Aussie, opines RBA’s Guy Debelle
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.42% against the USD to close at 0.9328. LME Copper prices rose 0.8% or $59.0/MT to $7009.0/MT. Aluminium prices declined 0.4% or $7.0/MT to $1724.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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Crude Oil: Crude continues to trade higher in the Asian session
Crude Oil Movement Crude Oil prices advanced 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 102.54, buoyed by a weakness in the US Dollar. Meanwhile, concerns on the supply-outlook of the commodity from Libya and … Continue reading
Posted in Crude Oil
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Silver: White metal pares its gains in the morning trading hours
Silver Movement Silver prices rose 0.16% to USD 19.36 per ounce during the 24 hours ending 23:00GMT, tracking gains in prices of gold and amid a weaker US Dollar. In the Asian session, at GMT0300, Silver is trading at 19.36, … Continue reading
Posted in Silver
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Gold: Precious metal continues to shine in the Asian session
Gold Movement Gold prices traded higher by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1293.50 per ounce, amid a broad weakness in the US Dollar and on speculation that the newly formed government in India … Continue reading
Posted in Gold
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USD/CAD: Loonie extends its downward direction in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.0874, in a subdued trading session, on account of Victoria Day holiday in Canada. In the Asian session, at GMT0300, the … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading marginally higher against its US counterpart in the morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8923. In the Asian session, at GMT0300, the pair is trading at 0.8920, with the USD trading a tad lower from … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese economy reacted as expected to the April sales-tax hike, says Japan’s Vice Economy Minister, Nishimura
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 101.50. Late Monday, Japan’s Vice Economy Minister, Yasutoshi Nishimura hinted that the Japanese economy is on track as the markets have … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading a tad higher ahead of UK’s consumer inflation data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.06% against the USD and closed at 1.6814, as traders mulled the BoE Governor, Mark Carney’s comments, made during the weekend, that the booming housing sector in the … Continue reading
Posted in GBP/USD
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EUR/USD: Inflation in the Euro-zone to remain low for an extended period of time, indicate few ECB’s officials
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.3709. However, the gains in the Euro-zone’s shared currency were capped after the ECB policymakers, Yves Mersch and Ewald Nowotny projected … Continue reading
Posted in EUR/USD
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