Monthly Archives: November 2016

Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.43% against the USD and closed at USD1185.90 per ounce, pressured by strength in the US Dollar. In the Asian session, at GMT0400, the pair is trading at 1179.20, … 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 0.31% against the USD and closed at 0.7403. LME Copper prices rose 4.9% or $270.5/MT to $5834.5/MT. Aluminium prices rose 0.5% or $8.5/MT to $1774.0/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 declined 0.08% against the CAD and closed at 1.3486. In the Asian session, at GMT0400, the pair is trading at 1.3481, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/CHF: Swiss annual industrial production advanced in 3Q 2016

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined slightly against the CHF and closed at 1.0165. Macroeconomic data indicated that, Switzerland’s annual industrial production rose by 0.4% in 3Q 2016, after recording a revised drop of … Continue reading

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USD/JPY: Japanese annual inflation advanced in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the JPY and closed at 113.31. In the Asian session, at GMT0400, the pair is trading at 113.39, with the USD trading 0.07% higher against the … Continue reading

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GBP/USD: UK’s mortgage approvals surged to a 5-month high level in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.2450, after UK’s BBA mortgage approvals in the UK rose to a five-month high level of 40.9K in October, higher than … Continue reading

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EUR/USD: German GDP confirmed at 0.2% in 3Q 2016

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.0556. In economic news, data indicated that Germany’s seasonally adjusted final gross domestic product (GDP) climbed 0.2% on a quarterly basis … Continue reading

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Crude Oil: Oil trading a tad higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.15% against the USD and closed at USD48.01 per barrel, as doubts emerged that whether the OPEC will agree to a production cut large enough to make … Continue reading

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Silver: White metal extends its losses this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.79% against the USD and closed at USD16.46, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.37, with the silver trading … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.84% against the USD and closed at USD1190.30 per ounce, amid broad gains in the greenback, after largely upbeat economic data boosted the case for an interest rate hike … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.28% against the USD and closed at 0.738. LME Copper prices declined 0.96% or $54.0/MT to $5564.0/MT. Aluminium prices rose 1.52% or $26.5/MT to $1765.5/MT. In the Asian … Continue reading

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