Daily Archives: August 13, 2018

Crude Oil: Oil trading reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.51% against the USD and closed at USD67.72 per barrel on Friday, after the International Energy Agency increased its forecast for global oil demand growth by 110,000bls … Continue reading

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Silver: White metal trading on a weaker footing in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.74% against the USD and closed at USD15.33 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.27, … Continue reading

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Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined marginally against the USD and closed at USD1219.00 per ounce on Friday, amid strength in greenback. In the Asian session, at GMT0300, the pair is trading at 1216.00, with … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.96% against the USD and closed at 0.7299 on Friday. LME Copper prices declined 2.0% or $127.0/MT to $6120.0/MT. Aluminium prices declined 3.7% or $79.0/MT to $2039.0/MT. In … Continue reading

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USD/CAD: Canada’s unemployment rate fell to a four-decade low in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD and closed at 1.3120 on Friday. Data showed that Canada’s unemployment rate declined to a rate of 5.8% in July, hitting its lowest level … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9955 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9930, with the USD trading 0.25% lower … Continue reading

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USD/JPY: Japanese yen extends its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the JPY and closed at 110.86 on Friday. In the Asian session, at GMT0300, the pair is trading at 110.14, with the USD trading 0.65% lower … Continue reading

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GBP/USD: Britain’s 2Q GDP growth doubled in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.2769 on Friday. On the data front, Britain’s preliminary gross domestic product (GDP) climbed 0.4% on a quarterly basis in 2Q … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.99% against the USD and closed at 1.1408 on Friday. The US dollar gained ground against the major currencies, after the US President, Donald Trump imposed double tariffs … Continue reading

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