Monthly Archives: August 2019

USD/JPY: Japanese Yen trading on a positive footing in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the JPY and closed at 106.10. In the Asian session, at GMT0300, the pair is trading at 105.73, with the USD trading 0.35% lower against the … Continue reading

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GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.35% against the USD and closed at 1.2222. In the Asian session, at GMT0300, the pair is trading at 1.2215, with the GBP trading 0.06% lower against the … Continue reading

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EUR/USD: Germany’s Ifo business expectations index declined to a seven-year low level in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1100. On the data front, Germany’s Ifo business expectations index fell to a seven-year low level of 91.3 in August, amid … Continue reading

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Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.07% against the USD and closed at USD55.44 per barrel, amid worries over global oil demand and ahead of the US Fed Chairman, Jerome Powell’s speech in … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.49% against the USD and closed at USD17.16 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.14, with silver … Continue reading

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Gold: Yellow metal extends its losses in the Asian session, ahead of Fed’s Jackson Hole meeting

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at USD1508.10 per ounce, ahead of the Jackson Hole summit on future US interest rate cuts. In the Asian session, at GMT0300, the … Continue reading

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AUD/USD: Aussie trading marginally higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.6758. LME Copper prices declined 0.5% or $28.5/MT to $5668.0/MT. Aluminium prices fell 0.7% or $12.0/MT to $1739.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3297. In the Asian session, at GMT0300, the pair is trading at 1.3315, with the USD trading 0.14% higher against the … Continue reading

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USD/CHF: Swiss industrial output improved in 2Q

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9836. Data showed that Switzerland’s industrial production rose 4.8% on an annual basis in 2Q, compared to a revised rise of … Continue reading

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USD/JPY: Japanese Yen trading lower, following dismal inflation data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the JPY and closed at 106.46. In the Asian session, at GMT0300, the pair is trading at 106.56, with the USD trading 0.09% higher against the … Continue reading

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GBP/USD: British Pound reverses its gains in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.01% against the USD and closed at 1.2253, after German Chancellor, Angela Merkel, highlighted the possibility of a negotiated departure of Britain from the European Union. In the … Continue reading

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