Daily Archives: November 20, 2019

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.13% against the USD and closed at USD55.16 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 6.0 million barrels … 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 rose 1.71% against the USD and closed at USD17.29 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.27, with silver … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.12% against the USD and closed at USD1472.60 per ounce, as weakness in the US equities boosted demand for the safe haven asset. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.6824. LME Copper prices declined 0.1% or $6.5/MT to $5821.5/MT. Aluminium prices declined 0.5% or $9.5/MT to $1734.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing shipments declined in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.3264. Data revealed that Canada’s manufacturing shipments dropped 0.2% on a monthly basis in September, less than market anticipation for a … Continue reading

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USD/CHF: Switzerland’s trade surplus narrowed in October

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9902. In economic news, Switzerland’s seasonally adjusted trade surplus narrowed to CHF2.39 billion in October, following a revised surplus of CHF3.05 … Continue reading

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USD/JPY: Japan posted a trade surplus in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the JPY and closed at 108.46. In the Asian session, at GMT0400, the pair is trading at 108.48, with the USD trading marginally higher against the … Continue reading

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GBP/USD: UK’s total trends orders improved in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.2929. Data showed that UK’s total trends orders rose to a level of -26.0 in November, compared to a reading of … Continue reading

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EUR/USD: Euro-zone’s current account surplus narrowed less than expected in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.1079. On the data front, Euro-zone’s seasonally adjusted current account surplus narrowed to €28.2 billion in September, less than market anticipations … Continue reading

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