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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: August 2019
Silver: White metal trading lower in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.57% against the USD and closed at USD17.12 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.07, with silver … Continue reading
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.70% against the USD and closed at USD1516.00 per ounce, amid broad weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1513.60, … Continue reading
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AUD/USD: Aussie trading on a positive footing this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.12% against the USD and closed at 0.6775. LME Copper prices declined 1.0% or $57.5/MT to $5698.0/MT. Aluminium prices dropped 0.3% or $6.0/MT to $1756.5/MT. In the Asian … Continue reading
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USD/CAD: Canada’s manufacturing sales declined in June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3320. In economic news, Canada’s manufacturing sales fell 1.2% on a monthly basis in June, less than market expectations for a … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s trade surplus narrowed in July
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CHF and closed at 0.9781. In economic news, Switzerland’s trade surplus narrowed to CHF2.67 billion in July, amid fall in exports and compared to a … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading lower in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the JPY and closed at 106.26. In the Asian session, at GMT0300, the pair is trading at 106.50, with the USD trading 0.23% higher against the … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound extends its gains in the morning session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.2164. On the macro front, UK’s CBI trends total orders rose to a level of -13.00 in August, compared to a … Continue reading
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EUR/USD: Eurozone’s construction output remained unchanged in June
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1099. Data showed that Euro-zone’s construction output remained flat on a monthly basis in June. Construction output had dropped by a … Continue reading
Posted in EUR/USD
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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil stockpiles data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.39% against the USD and closed at USD56.11 per barrel, on optimism that US-China trade tensions would ease and on hopes that major economies would implement stimulus … Continue reading
Posted in Crude Oil
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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 declined 1.03% against the USD and closed at USD16.86 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.88, with silver … Continue reading
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Gold: Yellow metal extends its losses in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.79% against the USD and closed at USD1507.20 per ounce, as broad strength in the US dollar and global equities reduced demand for safe haven assets. In the Asian … Continue reading
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