Monthly Archives: September 2015

Crude Oil: Oil trading on a lower footing this morning

Crude Oil Movement Crude Oil prices declined 1.92% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51, on the back of weak Chinese economic data, thereby dampening the demand prospects of the commodity. In the Asian … Continue reading

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Silver: White metal trading higher this morning

Silver Movement Silver prices declined 3.68% to USD 14.55 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.57, with the silver trading 0.17% higher … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 1.22% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce, after the New York Fed President, indicated that the central bank’s first interest rate hike in nearly a … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.50% against the USD to close at 0.6981. LME Copper prices declined 2.61% or $133.0/MT to $4965.0/MT. Aluminium prices declined 1.88% or $29.5/MT to $1537.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.3395. In the Asian session, at GMT0300, the pair is trading at 1.3407, with the USD trading 0.09% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CHF and closed at 0.9746. In economic news, Swiss total sight deposits stood at CHF465.6 billion in the week ended 25 September, up from CHF464.9 … Continue reading

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USD/JPY: Japanese Yen trading higher ahead of series of macroeconomic data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.45% against the JPY and closed at 119.94. On the macro front, Japan’s coincident index rose to 113.1 in July, from 112.2 in the previous month. At the … Continue reading

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GBP/USD: Pound trading flat ahead of UK’s mortgage approvals data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.17% against the USD and closed at 1.5166. In the Asian session, at GMT0300, the pair is trading at 1.5165, with the GBP trading flat from yesterday’s close. … Continue reading

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EUR/USD: Euro extends its gains in the Asian session, ahead of the German CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1234, on the back of strong macroeconomic data from Euro-zone’s third-largest economy. Data showed that Italy’s consumer confidence and business confidence … Continue reading

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Crude Oil: Oil trading between its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 0.29% against the USD for the period ending 21:00GMT, closing at 44.77, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 45.24, with the … Continue reading

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Silver: White metal trading on a stronger footing in the Asian session

Silver Movement On Friday, Silver prices declined 3.32% to USD 14.58 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.05, with the silver trading 3.26% … Continue reading

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