Monthly Archives: August 2019

USD/JPY: Japan’s annualised gross domestic product grew in 2Q 2019 albeit at a slower pace

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the JPY and closed at 105.83. In the Asian session, at GMT0300, the pair is trading at 106.02, with the USD trading 0.18% higher against the … Continue reading

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GBP/USD: Sterling trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2140. In the Asian session, at GMT0300, the pair is trading at 1.2139, with the GBP trading slightly lower against the … Continue reading

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EUR/USD: Euro-zone’s outlook remains affected amid prolonged uncertainties: ECB bulletin

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1187. The European Central Bank (ECB), in its economic bulletin report, stated that the common currency region outlook remained affected in … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.72% against the USD and closed at USD52.50 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 2.4 million … 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 rose 3.74% against the USD and closed at USD17.07 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.165, with silver … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.70% against the USD and closed at USD1510.40 per ounce, as ongoing US-China trade tensions and concerns over global growth, increased demand for safe haven assets. In the Asian … Continue reading

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AUD/USD: Aussie trading higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.6762. LME Copper prices rose 0.1% or $6.5/MT to $5673.5/MT. Aluminium prices declined 0.7% or $12.5/MT to $1728.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s Ivey PMI advanced in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3305. In economic news, Canada’s seasonally adjusted Ivey PMI climbed to a level of 54.2 in July, compared to a reading … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 0.9748. In the Asian session, at GMT0300, the pair is trading at 0.9754, with the USD trading 0.06% higher against the … Continue reading

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USD/JPY: Japan (BOP basis) posted a trade surplus in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 106.17. In the Asian session, at GMT0300, the pair is trading at 106.19, with the USD trading marginally higher against the … Continue reading

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GBP/USD: UK’s Halifax house price balance unexpectedly fell in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.2145. Data indicated that UK’s Halifax house prices unexpectedly fell 0.2% on a monthly basis in July, compared to a revised … Continue reading

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