Monthly Archives: December 2019

GBP/USD: UK’s Rightmove house price index advanced in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.05% against the USD and closed at 1.3337 on Friday. On the data front, the Bank of England (BoE) reports that it expects consumer inflation expectations to advance … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1119 on Friday. In the US, data showed that advance retail sales rose 0.2% on a monthly basis in November, less … 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 rose 1.02% against the USD and closed at USD59.45 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC) forecasted a supply deficit next year. In the … Continue reading

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Silver: White metal trading slightly lower this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.06% against the USD and closed at USD16.97 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.97, with silver trading marginally lower against the … Continue reading

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Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.39% against the USD and closed at USD1474.10 per ounce, amid President, Donald Trump, stated that the US and China were close to signing a trade deal. In the … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.62% against the USD and closed at 0.6930. LME Copper prices rose 0.2% or $14.0/MT to $6097.0/MT. Aluminium prices rose 0.2% or $3.5/MT to $1755.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3163. In the Asian session, at GMT0400, the pair is trading at 1.3158, with the USD trading marginally lower against the … Continue reading

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USD/CHF: SNB left its benchmark interest rate unchanged at -0.75%

USDCHF Movement USD/CHF: SNB left its benchmark interest rate unchanged at -0.75% For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9854. On the data front, Switzerland’s producer and import price index … Continue reading

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USD/JPY; Japan’s industrial production fell more-than-expected in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the JPY and closed at 109.47. In the Asian session, at GMT0400, the pair is trading at 109.57, with the USD trading 0.09% higher against the … Continue reading

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GBP/USD: British Pound extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.81% against the USD and closed at 1.3465, as Conservative Party’s lead towards winning UK elections escalated fuelling bid for an orderly Brexit. In the Asian session, at … Continue reading

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EUR/USD: ECB kept its interest rate unchanged at 0.00%

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1183. On the data front, Euro-zone’s seasonally adjusted industrial production eased 0.5% on a monthly basis in October, at par with … Continue reading

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