Daily Archives: December 24, 2015

Crude Oil: Oil trading above its MA’s

Crude Oil Movement Crude Oil prices advanced 3.78% against the USD for the 24 hour period ending 23:00GMT, closing at 37.84, on the back of a hefty decline in US crude oil stocks. The Energy Information Administration (EIA) disclosed that … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Silver Movement Silver prices rose 0.35% to USD 14.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.32, with the silver trading 0.14% higher from yesterday’s close. The pair … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Gold Movement Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1069.80 per ounce, amid a broad rally in global equity markets. In the Asian session, at GMT0300, the pair is trading … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD remained flat against the USD to close at 0.7232. In economic news, Australia’s CB leading indicator dropped 0.1% in October, after dipping by a revised 0.3% in the preceding … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s GDP stagnated in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.3856. In economic news, the Canadian economy remained stagnant in October, compared to expectations of a 0.2% growth, raising expectations that … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9909. On the macro front, the KOF economic barometer in Switzerland recorded an unexpected drop to a level of 96.6 in … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: BoJ minutes indicate moderate economic recovery continues

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.09% against the JPY and closed at 120.94. In the Asian session, at GMT0400, the pair is trading at 120.68, with the USD trading 0.21% lower from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK GDP growth revised downwards

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.4871. However, gains in Pound were kept in check, after UK’s GDP growth was revised downwards to 0.4% on a quarterly … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0906. In economic news, the French final GDP rose 0.3% in 3Q15 on a quarterly basis, at par with market expectations, … Continue reading

Posted in EUR/USD | Comments Off