Daily Archives: October 15, 2015

Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices declined 0.86% against the USD for the 24 hour period ending 23:00GMT, closing at 46.32, as concerns about a global supply glut kept the commodity’s price under pressure. Oil prices further came under pressure, … Continue reading

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Silver: White metal reverses its gains in the Asian session

Silver Movement Silver prices rose 1.67% to USD 16.16 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.13, with the sliver trading 0.19% lower … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement Gold prices traded higher by 1.44% against the USD in the 24 hour period ending 23:00GMT, at 1184.50 per ounce, as weak economic data from the US fuelled expectations that the Fed will hold off raising interest rates … Continue reading

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AUD/USD: Australia’s unemployment rate remained steady at 6.2% in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.21% against the USD to close at 0.7302. LME Copper prices rose 0.33% or $17.5/MT to $5278.0/MT. Aluminium prices rose 0.58% or $9.0/MT to $1569.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CAD to close at 1.2927. In the Asian session, at GMT0300, the pair is trading at 1.2906, with the USD trading 0.17% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.84% against the CHF and closed at 0.9496. The Swiss Franc strengthened, after the nation’s ZEW expectations index rose to a level of 18.3 in October, clocking its … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.76% against the JPY and closed at 118.85, after the release of US tepid retail sales data in September In the Asian session, at GMT0300, the pair is … Continue reading

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GBP/USD: Pound extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.41% against the USD and closed at 1.5470, after UK’s ILO unemployment rate dropped to a 7-year low during the June to August 2015 period. Data showed that … Continue reading

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EUR/USD: Euro extends its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.77% against the USD and closed at 1.1474. Macroeconomic data released showed that industrial production in the Euro-zone rose less-than-expected by 0.9% YoY in August, from an upwardly … Continue reading

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