Monthly Archives: November 2019

USD/JPY: Japan’s coincident index rose in September

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 108.93. In economic news, Japan’s final coincident index rose to a level of 101.1 in September, compared to a revised reading … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.42% against the USD and closed at 1.2901, as poll suggested that the ruling Conservatives lead as runaway favourites. In the Asian session, at GMT0400, the pair is … Continue reading

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EUR/USD: Germany’s Ifo business expectations index advanced less-than-expected in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1014. On the data front, Germany’s Ifo business expectations index rose to a level of 92.1 in November, less than market … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.62% against the USD and closed at USD57.95 per barrel on Friday, amid mounting concerns over US-China trade talks. Meanwhile, fresh figures from Baker Hughes disclosed that … 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 0.55% against the USD and closed at USD17.13 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.07, … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.11% against the USD and closed at USD1470.50 per ounce on Friday, as better than expected US economic data dented demand for the safe haven asset. In the Asian … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.6784 on Friday. LME Copper prices rose 0.4% or $21.0/MT to $5834.0/MT. Aluminium prices declined 0.2% or $3.0/MT to $1750.0/MT. In … Continue reading

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USD/CAD: Canada’s retail sales declined for the first time in three months in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3296 on Friday. On the macro front, Canada’s retail sales fell 0.1% on a monthly basis in September, declining for the … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CHF and closed at 0.9979 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9968, with the USD trading 0.11% lower … Continue reading

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USD/JPY: Japanese Yen extends its losses in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 108.63 on Friday. In the Asian session, at GMT0400, the pair is trading at 108.77, with the USD trading 0.13% higher … Continue reading

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GBP/USD: UK service sector activity declined to its lowest level in 40 months in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.60% against the USD and closed at 1.2833 on Friday, amid dismal manufacturing and services PMIs. In economic news, UK’s Markit manufacturing PMI eased to a level of … Continue reading

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