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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
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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: May 22, 2014
Gold: Precious metal extends its downward direction in the morning session
Gold Movement Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1292.90 per ounce, as rally in the world equity markets weighed on the demand prospect of the metal as an alternate … Continue reading
Posted in Gold
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Crude Oil: EIA reported a more-than-expected fall in the US crude oil, last week
Crude Oil Movement Crude Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 103.81, after the Energy Information Administration (EIA) reported 7.2-million-barrels drop the US crude supplies, last week. Analysts had expected a … Continue reading
Posted in Crude Oil
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Silver: Silver steady in the Asian session
Silver Movement Silver prices declined marginally to USD 19.42 per ounce during the 24 hours ending 23:00GMT, amid soft industrial demand and a decline in the prices of gold. In the Asian session, at GMT0300, Silver is trading at 19.42, … Continue reading
Posted in Silver
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AUD/USD: Aussie trading higher following upbeat manufacturing data from China
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.08% against the USD to close at 0.9245. LME Copper prices declined 1.2% or $81.5/MT to $6841.0/MT. Aluminium prices fell 0.4% or $7.5/MT to $1714.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading a tad higher ahead of Canada’s retail sales data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0913, following the release of the Fed’s minutes from its policy meeting in April In the Asian session, at GMT0300, the … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc extends its fall against the US Dollar in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.8932. In economic news, M3 money supply growth in the Swiss economy slightly decelerated in April, after accelerating in the three … Continue reading
Posted in USD/CHF
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USD/JPY: BoJ Kuroda confident on Japan achieving its 2.0% inflation target
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 101.44, as the minutes from the Fed’s April policy meeting showed that policymakers would continue tapering the size of its QE … Continue reading
Posted in USD/JPY
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GBP/USD: BoE closer to hiking interest rates, hint BoE’s minutes
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.6899 after data showed that annual retail sales in the UK economy rose at the fastest pace in 10 years in … Continue reading
Posted in GBP/USD
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EUR/USD: US Dollar holds on to its gains, following the release of the Fed’s minutes
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.3687, as the latter advanced after the minutes from the Fed’s 29-30 April policy meeting hinted towards a continuation in the … Continue reading
Posted in EUR/USD
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