Monthly Archives: June 2019

AUD/USD: AUD trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.32% against the USD and closed at 0.6877. LME Copper prices rose 1.6% or $92.5/MT to $5848.5/MT. Aluminium prices rose/declined 0.8% or $13.5/MT to $1733.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing shipments surprisingly fell in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3377. In economic news, Canada’s manufacturing shipments unexpectedly eased 0.6% on a monthly basis in April, compared to a revised advance … Continue reading

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USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 1.0003. In the Asian session, at GMT0300, the pair is trading at 1.0011, with the USD trading 0.08% higher against the … Continue reading

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USD/JPY: Japan posted a less-than-expected trade deficit in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 108.49. In the Asian session, at GMT0300, the pair is trading at 108.46, with the USD trading marginally lower against the … Continue reading

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GBP/USD: British Pound extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.2558. In the Asian session, at GMT0300, the pair is trading at 1.2562, with the GBP trading slightly higher against the … Continue reading

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EUR/USD: Euro-zone’s trade surplus narrowed to a 5-month low in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1195 after the European Central Bank’s President, Mario Draghi, pledged to ease the monetary policy or provide more asset purchases, if … Continue reading

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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 declined 1.40% against the USD and closed at USD51.94 per barrel, after the Energy Information Administration report indicated that seven major US shale producers projected a rise in … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.13% against the USD and closed at USD14.82 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.84, with silver … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.06% against the USD and closed at USD1343.70 per ounce. In the Asian session, at GMT0300, the pair is trading at 1344.90, with gold trading 0.09% higher against the … Continue reading

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AUD/USD: RBA is likely to cut interest rates in near term

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.6855. LME Copper prices declined 0.9% or $49.0/MT to $5756.0/MT. Aluminium prices declined 1.0% or $17.5/MT to $1719.5/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 slightly rose against the CAD and closed at 1.3410. In the Asian session, at GMT0300, the pair is trading at 1.3404, with the USD trading marginally lower against the … Continue reading

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