Monthly Archives: February 2019

USD/CAD: Canada’s unemployment rate advanced more-than-estimated in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.3271 on Friday. In economic news, Canada’s unemployment rate advanced to 5.8% in January, compared to a rate of 5.6% in … Continue reading

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USD/CHF: Switzerland’s unemployment rate climbed in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 1.0000 on Friday. On the data front, Switzerland’s unemployment rate unexpectedly climbed to 2.8% in January, compared to a rate of … Continue reading

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USD/JPY: Japanese Yen reverses its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 109.77 on Friday. In the Asian session, at GMT0400, the pair is trading at 109.95, with the USD trading 0.16% higher … Continue reading

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GBP/USD: British Pound trading lower, ahead of crucial economic data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2935 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2929, with the GBP trading 0.05% lower … Continue reading

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EUR/USD: Germany’s trade surplus unexpectedly widened in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.1324 on Friday. On the data front, Germany’s seasonally adjusted trade surplus unexpectedly widened to €19.4 billion in December, compared to … Continue reading

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.67% against the USD and closed at USD52.54 per barrel, as fears over global economic slowdown weighed on the demand outlook for the commodity. In the Asian … Continue reading

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

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.38% against the USD and closed at USD15.74 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.675, with silver … Continue reading

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Gold: Yellow metal reverses its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.20% against the USD and closed at USD1313.80 per ounce. In the Asian session, at GMT0400, the pair is trading at 1312.50, with gold trading 0.10% lower against the … Continue reading

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AUD/USD: The RBA downgraded its inflation and GDP forecasts

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.7095. LME Copper prices rose 0.3% or $17.0/MT to $6227.0/MT. Aluminium prices declined 1.3% or $24.0/MT to $1862.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CAD and closed at 1.3313. In the Asian session, at GMT0400, the pair is trading at 1.3321, with the USD trading 0.06% higher against the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 1.0025. In the Asian session, at GMT0400, the pair is trading at 1.0020, with the USD trading 0.05% lower against the … Continue reading

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