Daily Archives: June 8, 2018

Crude: Oil trading on a stronger footing, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.10% against the USD and closed at USD65.93 per barrel, amid concerns over Venezuela’s oil supply. In the Asian session, at GMT0300, the pair is trading at … 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 0.12% against the USD and closed at USD16.74 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.71, with silver trading 0.15% lower against the … Continue reading

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Gold: Yellow metal extends losses this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.03% against the USD and closed at USD1301.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 1300.70, with gold trading 0.06% lower against the … Continue reading

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AUD/USD: Aussie extends losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.64% against the USD and closed at 0.7619. LME Copper prices rose 1.38% or $98.5/MT to $7245.0/MT. Aluminium prices rose 0.58% or $13.5/MT to $2331.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD and closed at 1.2984. In the Asian session, at GMT0300, the pair is trading at 1.2981, with the USD trading slightly lower against the … Continue reading

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USD/CHF: Switzerland’s unemployment rate fell in line with expectations in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CHF and closed at 0.9805. Macroeconomic news indicated that Switzerland’s seasonally adjusted unemployment rate declined to 2.6% in May, at par with market expectations and … Continue reading

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USD/JPY: Japan’s economic growth slowed more-than-estimated in 1Q 2018

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the JPY and closed at 109.73. In the Asian session, at GMT0300, the pair is trading at 109.78, with the USD trading 0.05% higher from yesterday’s … Continue reading

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GBP/USD: Sterling trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose slightly higher against the USD and closed at 1.3420. On the data front, UK’s Halifax house price index rebounded 1.5% on monthly basis in May, beating market expectations … Continue reading

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EUR/USD: Euro-zone’s economy expanded as initially estimated in 1Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1798. Data indicated that the Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.4% on a quarterly basis in the … Continue reading

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