Monthly Archives: December 2019

AUD/USD: Australia’s Westpac leading index dropped in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.36% against the USD and closed at 0.6851. LME Copper prices rose 0.3% or $20.0/MT to $6175.0/MT. Aluminium prices declined 0.5% or $9.0/MT to $1754.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing sales eased in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3160. Data revealed that Canada’s manufacturing sales declined 0.7% on a monthly basis in October, following a drop of 0.2% in … 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 0.33% against the CHF and closed at 0.9799. In the Asian session, at GMT0400, the pair is trading at 0.9807, with the USD trading 0.08% higher against the … Continue reading

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USD/JPY: Japan’s trade deficit widened less than expected in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 109.50. In the Asian session, at GMT0400, the pair is trading at 109.46, with the USD trading a tad lower against … Continue reading

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GBP/USD: UK’s ILO unemployment rate remained steady at a 45-year low in the three months ended October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.14% against the USD and closed at 1.3131, after Prime Minister, Boris Johnson’s hard line in talks with the European Union stoked fears of a hard Brexit. Data … Continue reading

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EUR/USD: Euro-zone’s trade surplus advanced more-than-expected in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1152. On the data front, Euro-zone’s seasonally adjusted trade surplus widened to €24.5 billion in October, from a revised surplus of … Continue reading

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Crude Oil: Oil trading slightly lower, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.60% against the USD and closed at USD60.20 per barrel, amid positive developments in the US-China trade deal. Meanwhile, the Energy Information Administration (EIA) projected that crude-oil … 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 0.53% against the USD and closed at USD17.09 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.12, with silver … Continue reading

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Gold: Yellow metal trading a tad higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1480.40 per ounce, as investors sought clarity on the fine print of the “phase one” trade deal between the United States and … Continue reading

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AUD/USD: RBA to reconsider its economic outlook in February 2020 meeting: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.6876. LME Copper prices rose 0.02% or $1.0/MT to $6155.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1763.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3164. In the Asian session, at GMT0400, the pair is trading at 1.3165, with the USD trading marginally higher against the … Continue reading

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