Monthly Archives: October 2015

Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 0.43% to USD 16.03 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 15.86, with the silver trading 1.0% lower … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1176.10 per ounce, amid a broad rally in global equity markets and after a strong rebound in US consumer sentiment in … Continue reading

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AUD/USD: Aussie trading on stronger footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.82% against the USD to close at 0.7273. LME Copper prices declined 1.38% or $74.0/MT to $5270.0/MT. Aluminium prices declined 1.59% or $25.0/MT to $1542.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2908. In economic news, Canada’s manufacturing shipments fell 0.2% MoM in August, compared to a rise of 1.7% in July. Investors … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9535. In the Asian session, at GMT0300, the pair is trading at 0.9549, with the USD trading 0.15% higher from Friday’s … Continue reading

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USD/JPY: Japanese Yen trading tad higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.46% against the JPY and closed at 119.49. On Friday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, stated that Japan’s economy is expected to recover moderately, citing … Continue reading

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GBP/USD: Pound reverses its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5434. In economic news, UK’s Rightmove house price index rose 0.6% MoM in October, from an increase of 0.9% in the … Continue reading

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Crude Oil: Oil trading above its MA’s

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 46.87. However, gains were capped after the Energy Information Administration (EIA) reported a strong build-up in US crude inventories. The … Continue reading

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Silver: White metal trading lower in the morning session

Silver Movement Silver prices declined 0.40% to USD 16.10 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.08, with the silver trading marginally lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1181.80 per ounce. However, gold prices pared its losses, as weak US inflation data further complicated the Fed’s plan to raise … Continue reading

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EUR/USD: Euro trading tad higher, ahead of the Euro-zone’s CPI data for September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.84% against the USD and closed at 1.1377, after Ewald Nowotny, a member of the ECB’s governing council, stated that the central bank is “clearly” missing its consumer … Continue reading

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