Daily Archives: January 5, 2016

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

Crude Oil Movement Crude Oil prices declined 3.05% against the USD for the 24 hour period ending 23:00GMT, closing at 36.89, as weak manufacturing data from China fuelled concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading

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

Silver Movement Silver prices rose 0.11% to USD 13.87 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 13.93, with the silver trading 0.47% higher … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement Gold prices traded higher by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1073.00 per ounce, as mounting geopolitical tensions in the Middle East coupled with plunging global equity markets lured investors to the … Continue reading

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AUD/USD: Aussie trading higher, ahead of Australia’s AiG performance of services index data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.58% against the USD to close at 0.7182. LME Copper prices declined 1.21% or $57.0/MT to $4645.0/MT. Aluminium prices declined 2.75% or $41.5/MT to $1466.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing activity hit a record low in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD to close at 1.3938. The CAD lost ground, after Canada’s manufacturing sector contracted for the fifth consecutive month to a level of 47.5 in … Continue reading

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USD/CHF: Swiss SVME manufacturing PMI rose above investor expectations in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 1.0022. In economic news, Switzerland’s SVME-purchasing manager’s index expanded more-than-expected to a level of 52.1 in December, from a reading of … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.82% against the JPY and closed at 119.34. In the Asian session at GMT0400, the pair is trading at 119.55, with the USD trading 0.18% higher from yesterday’s … Continue reading

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GBP/USD: UK’s manufacturing sector slowed in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.16% against the USD and closed at 1.4711, after UK’s Markit manufacturing PMI unexpectedly declined to a 3-month low level of 51.9 in December, compared to market expectations … Continue reading

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EUR/USD: Euro trading lower, ahead of Euro-zone’s consumer price inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.0827, after Germany’s preliminary consumer price index surprisingly dropped 0.1% MoM in December, against market expectations for an advance of 0.2%. … Continue reading

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