Monthly Archives: April 2018

USD/JPY: Japan’s all industry activity index rebounded as expected in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the JPY and closed at 108.84. On the data front, Japan’s final machine tool orders climbed 28.1% on an annual basis in March, confirming the preliminary … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s public-sector net borrowing unexpectedly posted a surplus in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.3% against the USD and closed at 1.3980. In economic news, UK’s public-sector net borrowing posted a surplus of £0.3 billion in March, compared to a revised surplus … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: German business morale at a more than 1-year low in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.2234. Macroeconomic data indicated that Germany’s Ifo business climate index declined more-than-anticipated to a level of 102.1 in April, hitting its … Continue reading

Posted in EUR/USD | Comments Off

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.98% against the USD and closed at USD68.96 per barrel, as an escalation in geopolitical tensions in the Middle East raised fears over potential supply disruptions. Additionally, … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.17% against the USD and closed at USD16.70 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.73, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.75% against the USD and closed at USD1326.30 per ounce, as a stronger greenback dented demand for the precious yellow metal. In the Asian session, at GMT0300, the pair … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading on a stronger footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.86% against the USD and closed at 0.7605. LME Copper prices declined 0.23% or $16.0/MT to $6923.0/MT. Aluminium prices declined 0.45% or $11.0/MT to $2452.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie reverses its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.2844. In the Asian session, at GMT0300, the pair is trading at 1.2833, with the USD trading 0.09% lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading flat in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9782. In economic news, Switzerland’s total sight deposits inched up to a level of CHF575.4 billion in the week ended 20 … Continue reading

Posted in USD/CHF | Comments Off

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.83% against the JPY and closed at 108.7. In the Asian session, at GMT0300, the pair is trading at 108.75, with the USD trading 0.05% higher against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.57% against the USD and closed at 1.3938. In the Asian session, at GMT0300, the pair is trading at 1.3945, with the GBP trading 0.05% higher against the … Continue reading

Posted in GBP/USD | Comments Off