Daily Archives: July 25, 2019

Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.00% against the USD and closed at USD55.99 per barrel. Separately, the Energy Information Administration (EIA) report indicated that US crude oil stockpiles dropped by 10.8 million … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.40% against the USD and closed at USD16.63 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.56, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.48% against the USD and closed at USD1438.60 per ounce, amid hopes of monetary policy easing by major central banks. In the Asian session, at GMT0300, the pair is … Continue reading

Posted in Gold | Comments Off

AUD/USD: Central Bank prepared to further ease the monetary policy, says RBA Governor Philip Lowe

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.30% against the USD and closed at 0.6977. LME Copper prices rose 0.2% or $12.0/MT to $5980.0/MT. Aluminium prices rose marginally or $0.5/MT to $1795.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3141. In the Asian session, at GMT0300, the pair is trading at 1.3136, with the USD trading slightly lower against the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CHF and closed at 0.9846. In the Asian session, at GMT0300, the pair is trading at 0.9852, with the USD trading 0.06% higher against the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s leading index declined to its lowest level since December 2012 in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 108.18. Data indicated that Japan’s coincident index advanced to a level of 103.4 in May, following a reading of 103.2 in … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s BBA mortgage approvals rose less-than-estimated in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.35% against the USD and closed at 1.2481. In economic news, UK’s BBA mortgage approvals advanced to a level of 42.65K in June, undershooting market expectations for a … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s manufacturing PMI fell to its lowest level in more than 6.5 years in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1142, amid disappointing economic data and ahead of European Central Bank’s rate decision. On the macro front, Euro-zone’s flash manufacturing PMI … Continue reading

Posted in EUR/USD | Comments Off