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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: December 29, 2014
Silver: White metal extends its gains in the Asian session
Silver Movement On Friday, Silver prices rose 1.39% to USD 16.05 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.115, with silver trading 0.44% higher … Continue reading
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement On Friday, Gold prices traded higher by 1.34% against the USD in the period ending 21:00GMT, at 1194.60 per ounce, as demand for the yellow metal rose amid reports that China, the world’s largest consumer of gold would … Continue reading
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AUD/USD: Aussie extends its gains in the Asian session
AUDUSD Movement On Friday, the AUD strengthened 0.07% against the USD to close at 0.8121. In economic news, Chinese industrial profits fell 4.2% in November, recording the highest annual decline since August 2012. On a YTD basis, industrial profits advanced … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading above its MA’s
USDCAD Movement On Friday, the USD rose 0.09% against the CAD to close at 1.1623. In the Asian session at 4:00GMT, USD is trading at 1.1630, 0.06% higher against the Canadian dollar from Friday’s close. The pair is expected to … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc nudged higher ahead of the UBS Consumption Indicator
USDCHF Movement On Friday, the USD rose 0.35% against the CHF and closed at 0.9878. In the Asian session, at 4:00GMT, the USD is trading at 0.9869, 0.09% lower versus Swiss Franc, from yesterday’s close. The pair is expected to … Continue reading
Posted in USD/CHF
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USD/JPY: $29 billion stimulus plan approved by the Japan cabinet
USDJPY Movement On Friday, the USD strengthened 0.13% against the JPY and closed at 120.40. The JPY continued its downward trend after poor macro-economic data from Japan cast doubts on the economic health of the nation. Data released last week … Continue reading
Posted in USD/JPY
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GBP/USD: UK economy surpasses France as fifth largest in the world.
GBPUSD Movement On Friday, GBP marginally declined against the USD and closed at 1.5555. Last week, the Centre for Economics and Business Research (CEBR) revealed that the UK economy has overtaken France to become the world’s fifth largest economy. Furthermore, … Continue reading
Posted in GBP/USD
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EUR/USD: Greece election crisis engulfs the Euro-zone economy
EURUSD Movement On Friday, the EUR declined 0.34% against the USD and closed at 1.2178, on concerns of political instability in Greece. Last week, the ruling party of Greece was not able to secure majority votes in the parliament, despite … Continue reading
Posted in EUR/USD
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