Monthly Archives: October 2016

Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.81% against the USD and closed at USD1275.10 per ounce, as weakness in global equities boosted demand for the precious yellow metal. In the Asian session, at GMT0300, the … Continue reading

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AUD/USD: Australia’s CPI accelerated in third quarter

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.57% against the USD and closed at 0.764. LME Copper prices rose 2.15% or $99.5/MT to $4720.0/MT. Aluminium prices rose 1.51% or $24.5/MT to $1651.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CAD and closed at 1.3347. In the Asian session, at GMT0300, the pair is trading at 1.3346, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Swiss Franc trading marginally lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9939. In the Asian session, at GMT0300, the pair is trading at 0.9941, with the USD trading a tad higher against … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 104.13. In the Asian session, at GMT0300, the pair is trading at 104.26, with the USD trading 0.12% higher from yesterday’s … Continue reading

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GBP/USD: Mark Carney defends BoE actions

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2180. Yesterday, the Bank of England (BoE) Governor, Mark Carney, in a testimony at House of Lords, defended the monetary policy … Continue reading

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EUR/USD: Draghi defends ECB’s ultra-loose monetary policies

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.0889, after the European Central Bank (ECB) President, Mario Draghi, indicated that the central bank does not want interest rates to … Continue reading

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Crude Oil: Oil trading on a weaker footing, ahead of the API’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.26% against the USD and closed at USD50.46 per barrel, after Iraq, the second largest producer in the Organization of the Petroleum Exporting Countries (OPEC), showed its … Continue reading

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Silver: White metal extends its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.57% against the USD and closed at USD17.60, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 17.64, with the silver trading … Continue reading

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Gold: Yellow metal trading marginally higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose slightly against the USD and closed at USD1264.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 1265.40, with the gold trading a tad higher … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.05% against the USD and closed at 0.7597. On the economic front, in China, Australia’s largest trading partner, the CB leading economic index advanced by 1.1% MoM in … Continue reading

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