Daily Archives: April 1, 2016

Crude Oil: Oil trading on a weaker footing in the Asian session

Crude Oil Movement Crude Oil prices advanced 0.66% against the USD for the 24-hour period ending 23:00GMT, closing at 38.35, after the Energy Information Administration reported that US oil production fell by 56,000 barrels per day(bpd) to 9.2 million bpd … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading lower this morning

Silver Movement Silver prices rose 1.38% to USD 15.46 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 15.395, with the silver trading 0.39% lower … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.48% against the USD in the 24-hour period ending 23:00GMT, at 1233.50 per ounce, as a broad weakness in global equity markets boosted demand for the safe-haven yellow metal. In the Asian session, … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD and closed at 0.7666. In economic news, Australia’s AIG performance of manufacturing index advanced to a level of 58.1 in March, from a reading … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s January GDP posted biggest monthly gain since 2013

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.2987. In economic news, Canadian GDP rose more-than-expected by 0.6% MoM in January, expanding for the fourth consecutive month, backed by … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading tad higher, ahead of Switzerland’s February real retail sales data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CHF and closed at 0.9614. Yesterday, the Swiss National Bank’s (SNB) Governing Board member, Andrea Maechler, indicated that the central bank would not hesitate from … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: BoJ’s Q1 Tankan survey forecasts gloomy outlook for Japan

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 112.55. Yesterday, data indicated that Japan’s housing starts surprisingly rose by 7.8% YoY in February, compared to market expectations for a … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s final Q4 GDP revised upwards

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.08% against the USD and closed at 1.4366, despite UK’s positive GDP figure. Data showed that UK’s final GDP advanced more-than-anticipated by 0.6% QoQ in 4Q 2015, compared … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading lower, ahead of the Markit manufacturing PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1379. In economic news, the Eurozone’s preliminary consumer price index declined in line with market expectations by 0.1% YoY in March, … Continue reading

Posted in EUR/USD | Comments Off