Monthly Archives: February 2019

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

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.06% against the USD and closed at USD15.87 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.91, with silver … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.25% against the USD and closed at USD1316.50 per ounce, amid broad strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1318.50, … Continue reading

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AUD/USD: The RBA kept its benchmark interest rate unchanged at 1.5%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.7222. LME Copper prices declined 0.3% or $21.0/MT to $6076.5/MT. Aluminium prices declined 1.7% or $32.5/MT to $1840.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3119. In the Asian session, at GMT0400, the pair is trading at 1.3106, with the USD trading 0.10% lower against the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9980. In economic news, Switzerland’s total sight deposits eased to a level of CHF576.3 billion in the week ended 01 February, … Continue reading

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USD/JPY: Japan’s Nikkei services PMI advanced in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the JPY and closed at 109.92. In the Asian session, at GMT0400, the pair is trading at 109.95, with the USD trading marginally higher against the … Continue reading

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GBP/USD: UK’s construction sector growth slowed to a 10-month low level in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.30% against the USD and closed at 1.3038. Data revealed that UK’s construction PMI declined to a 10-month level of 50.6 in January, led by escalating uncertainties over … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index declined to a 4-year low level in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1435. On the data front, the Euro-zone’s Sentix investor confidence index dropped to a level of -3.7 in February, marking its … Continue reading

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Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.24% against the USD and closed at USD55.26 per barrel on Friday, amid political crisis in Venezuela and drop in OPEC crude output. Additionally, Baker Hughes reported … Continue reading

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Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.90% against the USD and closed at USD15.92 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 15.845, with silver trading 0.44% lower … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.28% against the USD and closed at USD1321.90 per ounce on Friday, amid strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1317.90, … Continue reading

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