Monthly Archives: February 2018

Crude Oil: Oil trading higher this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.3% against the USD and closed at USD64.75 per barrel, amid optimism that the Organisation of the Petroleum Exporting Countries and other producers continued their strong adherence … 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 1.35% against the USD and closed at USD17.32 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.30, with silver … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.58% against the USD and closed at USD1348.50 per ounce, as the Fed’s upbeat inflation outlook failed to provide a lasting boost to the US Dollar. In the Asian … Continue reading

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AUD/USD: Australia’s manufacturing sector advanced in January, building approvals slumped in December

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.12% against the USD and closed at 0.8058. LME Copper prices rose 0.7% or $51.5/MT to $7100.5/MT. Aluminium prices declined 0.2% or $4.5/MT to $2224.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s economy accelerates at its quickest pace in 6 months in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.2308. The Canadian Dollar jumped against the USD, following strong Canadian GDP figures. Data showed that Canada’s gross domestic product (GDP) … Continue reading

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USD/CHF: Swiss ZEW economic expectations index eased in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9316. On the economic front, Switzerland’s ZEW economic expectations index dropped to a level of 34.5 in January, after recording a … Continue reading

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USD/JPY: Japanese manufacturing sector growth revised higher in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the JPY and closed at 109.22. In the Asian session, at GMT0400, the pair is trading at 109.34, with the USD trading 0.11% higher against the … Continue reading

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GBP/USD: Pound trading a tad lower, ahead of Britain’s manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4199. In the Asian session, at GMT0400, the pair is trading at 1.4197, with the GBP trading slightly lower against the … Continue reading

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EUR/USD: Euro-zone’s annual inflation growth cooled to a 6-month low level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined slightly against the USD and closed at 1.2417. Macroeconomic data showed that the Euro-zone’s flash consumer price index (CPI) rose 1.3% on an annual basis in January, meeting … Continue reading

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