Daily Archives: August 11, 2017

Crude Oil: Oil extends its losses, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.08% against the USD and closed at USD48.56 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC), reported an increase in its July oil output … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.39% against the USD and closed at USD17.13 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.09, with the … Continue reading

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Gold: Yellow metal trading a tad lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.77% against the USD and closed at USD1292.20 per ounce, as heightened geopolitical tensions between the US and North Korea led to a sharp decline in global equities and … Continue reading

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AUD/USD: Wage growth too low, interest rates are more likely to rise but not yet: RBA Governor

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.7865. LME Copper prices declined 0.8% or $48.5/MT to $6416.5/MT. Aluminium prices rose 0.3% or $6.0/MT to $2024.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s new house price index rose less-than-expected in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD and closed at 1.2742. On the data front, Canada’s new housing price index registered a rise of 0.2% MoM in June, falling short of … Continue reading

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USD/CHF: Swiss Franc extends its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9622. In the Asian session, at GMT0300, the pair is trading at 0.9613, with the USD trading 0.09% lower against the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the JPY and closed at 109.16. The Japanese Yen gained ground, amid increased risk aversion as investors continue to grapple with geopolitical tensions between the US … Continue reading

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GBP/USD: Britain’s total trade deficit unexpectedly widened to a 9-month high in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.26% against the USD and closed at 1.2976, following disappointing economic data in the UK. Data indicated that Britain’s total trade deficit surprisingly widened to a nine-month high … Continue reading

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EUR/USD: Euro trading marginally higher, ahead of Germany’s final inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1765. In economic news, French industrial production dropped more-than-expected by 1.1% on a monthly basis in June, dropping by the most … Continue reading

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