Daily Archives: August 1, 2019

Crude Oil: Oil trading marginally lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.48% against the USD and closed at USD57.90 per barrel. Separately, the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell by 8.5 million … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.78% against the USD and closed at USD16.29 per ounce, tracking loss in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.20, with silver … 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 1.09% against the USD and closed at USD1427.60 per ounce, after the Federal Reserve’s in its monetary policy meeting decided to trim its interest rate. In the Asian session, … Continue reading

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AUD/USD: Australia’s AIG performance of manufacturing index climbed in July

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.37% against the USD and closed at 0.6849. LME Copper prices declined 0.3% or $17.0/MT to $5926.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1776.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s economy expanded for the third consecutive month in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD and closed at 1.3190. Data revealed that Canada’s gross domestic product (GDP) climbed 1.4% on a yearly basis in May, expanding for the third … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.9935. In the Asian session, at GMT0300, the pair is trading at 0.9966, with the USD trading 0.30% higher against the … Continue reading

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USD/JPY: Japan’s consumer confidence index dropped to a 5.5-year low level in July

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 108.77. On the data front, Japan’s consumer confidence index declined to its lowest level in 5.5 years to level of 37.8 … Continue reading

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GBP/USD: UK’s Nationwide house price index rose more-than-anticipated in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2158. Data indicated that UK’s seasonally adjusted Nationwide house price index advanced 0.3% on a monthly basis in July, surpassing market … Continue reading

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EUR/USD: Euro-zone’s consumer price inflation slowed to a 17-month low in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.1078. On the macro front, Euro-zone’s seasonally adjusted flash gross domestic product (GDP) climbed 1.1% on an annual basis in 2Q … Continue reading

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