Daily Archives: August 12, 2019

Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.19% against the USD and closed at USD54.41 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs dropped … 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 0.06% against the USD and closed at USD16.97 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.92, … Continue reading

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Gold: Yellow metal reverses its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.39% against the USD and closed at USD1507.60 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 1508.10, with gold trading a tad … Continue reading

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AUD/USD: Aussie reverses its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.6783 on Friday. LME Copper prices rose 0.4% or $21.0/MT to $5744.0/MT. Aluminium prices rose 0.5% or $8.5/MT to $1746.0/MT. In … Continue reading

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USD/CAD: Canada’s unemployment rate unexpectedly rose in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.3208 on Friday. Data showed that Canada’s unemployment rate unexpectedly advanced to 5.7% in July, defying market expectations for an unchanged … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained steady in July

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9728 on Friday. On the data front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.3% in July, meeting market expectations. … Continue reading

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USD/JPY: Japanese Yen extends its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the JPY and closed at 105.60 on Friday. In the Asian session, at GMT0300, the pair is trading at 105.47, with the USD trading 0.13% lower … Continue reading

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GBP/USD: Britain’s economy contracted for the first time in seven years in 2Q 2019

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.88% against the USD and closed at 1.2034 on Friday, after the British economy contracted for the first time since 2012 in the second quarter. In economic news, … Continue reading

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EUR/USD: Germany’s trade surplus narrowed more-than-estimated in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1202 on Friday. On the macro front, Germany’s seasonally adjusted trade surplus narrowed to €16.8 billion in June, as imports surged … Continue reading

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