Daily Archives: January 12, 2016

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

Crude Oil Movement Crude Oil prices declined 5.79% against the USD for the 24 hour period ending 23:00GMT, closing at 31.24, dropping to a 12-year low level, over concerns of slowing demand from China, the world’s second largest consumer of … Continue reading

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

Silver Movement Silver prices declined 0.45% to USD 13.86 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 13.89, with the silver trading 0.14% higher … Continue reading

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Gold: Yellow metal reverses its losses in the morning session

Gold Movement Gold prices traded lower by 0.26% against the USD in the 24 hour period ending 23:00GMT, at 1095.10 per ounce, extending its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1096.7, with … Continue reading

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AUD/USD: Aussie reverses its gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.71% against the USD to close at 0.6984. LME Copper prices declined 1.87% or $84.0/MT to $4402.5/MT. Aluminium prices declined 0.30% or $4.5/MT to $1471.5/MT. In the Asian … Continue reading

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USD/CAD: Canadian housing starts fell in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.4221. The Canadian dollar lost ground, after Canada’s housing starts declined more-than-expected to a level of 173.0K in December, from a … Continue reading

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USD/CHF: Swiss real retail sales dropped for the fourth straight month in November

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CHF and closed at 1.0001. The Swiss Franc weakened, after Switzerland’s real retail sales fell for the fourth consecutive month, dipping by 2.1% YoY in … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing ahead of Japan’s consumer confidence index for December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the JPY and closed at 117.54. In the Asian session, at GMT0400, the pair is trading at 117.56, with the USD trading 0.12% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading lower, ahead of UK’s NIESR GDP estimate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.4547. In the Asian session, at GMT0400, the pair is trading at 1.4536, with the GBP trading 0.08% lower from yesterday’s … Continue reading

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EUR/USD: Euro trading on a stronger footing in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.82% against the USD and closed at 1.0872, after the Euro-zone’s Sentix investor confidence index fell more-than-expected to a level of 9.6 in January, compared to market expectations … Continue reading

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