Daily Archives: June 5, 2014

AUD/USD: Australia unexpectedly swung to a trade deficit in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.9277, buoyed by a more-than-expected rise in Australia’s first-quarter GDP. LME Copper prices declined 1.4% or $95.0/MT to $6835.0/MT. Aluminium prices … Continue reading

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Crude Oil: EIA reported 3.4 million barrels fall in the US weekly crude inventories

Crude Oil Movement Crude Oil prices declined 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 102.26, amid mounting speculation that Ukrainian President, Petro Poroshenko’s peace-plan with Russia would ease supply-concerns of the commodity from the … Continue reading

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Silver: Silver pares its yesterday’s losses in the Asian session

Silver Movement Silver prices marginally declined to USD 18.79 per ounce during the 24 hours ending 23:00GMT, taking cues from a decline in gold prices. In the Asian session, at GMT0300, Silver is trading at 18.79, marginally higher from yesterday’s … Continue reading

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Gold: Gold trading marginally lower with focus on ECB’s policy decision

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1244.00 per ounce, hurt by a stronger US Dollar. However, reports showed that holding in the SPDR Gold Trust, the world’s … Continue reading

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USD/CAD: BoC keeps its interest rate on hold at 1.0% while expressing concerns on the Canada’s growth outlook

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CAD to close at 1.0946, as the Canadian Dollar came under pressure after the Bank of Canada (BoC) kept its interest rate unchanged at 1.0% … Continue reading

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USD/CHF: Swiss Franc trading marginally lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.8971. In the Asian session, at GMT0300, the pair is trading at 0.8975, with the USD trading slightly higher from yesterday’s … Continue reading

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USD/JPY: BoJ should conduct monetary policy in a flexible manner, opines BoJ’s Takehiro Sato

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 102.69. In the Asian session, at GMT0300, the pair is trading at 102.58, with the USD trading 0.11% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher with focus on the BoE interest rate and asset-purchase decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.6737, paring its initial gains accrued on the back of a better-than-expected UK service PMI data for May. Markit Economics reported … Continue reading

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EUR/USD: Euro trading a tad lower ahead of ECB’s policy decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.3601, as traders refrained from taking major bets in the Euro-zone’s shared currency ahead of the ECB’s policy decision. Adding to … Continue reading

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