Daily Archives: February 3, 2020

Crude Oil: Oil trading flat in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.71% against the USD and closed at USD51.41 per barrel on Friday, amid worries over the spread of coronavirus and its potential impact on oil demand. Separately, … Continue reading

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Silver: White metal trading on a negative footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.15% against the USD and closed at USD18.04 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.82, with silver trading 1.25% lower … 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 0.61% against the USD and closed at USD1589.20 per ounce on Friday, as concerns over the spread of coronavirus raised demand for the safe haven asset. In the Asian … Continue reading

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AUD/USD: Aussie trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.57% against the USD and closed at 0.6695 on Friday. LME Copper prices declined 0.9% or $50.0/MT to $5,570.0/MT. Aluminium prices fell 0.7% or $12.5/MT to $1,709.5/MT. In … Continue reading

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USD/CAD: Canada’s GDP rebounded in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.89% against the CAD and closed at 1.3235 on Friday. On the macro front, Canada’s gross domestic product grew 0.1% on a monthly basis in November, driven by … Continue reading

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USD/CHF: Swiss retail sales growth slowed in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CHF and closed at 0.9636 on Friday. On the data front, Switzerland’s real retail sales rose 0.1% on a yearly basis in December, compared to … Continue reading

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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 rose 0.42% against the JPY and closed at 108.35 on Friday. In the Asian session, at GMT0400, the pair is trading at 108.53, with the USD trading 0.17% higher … Continue reading

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GBP/USD: UK mortgage approvals rose to a two-and-a-half year high in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.86% against the USD and closed at 1.3200 on Friday, as Britain prepares to leave the European Union. Data indicated that UK’s number of mortgage approvals for house … Continue reading

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EUR/USD: Euro-zone’s inflation accelerated for the third consecutive month in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.1087 on Friday. Data showed that Euro-zone’s seasonally adjusted preliminary GDP grew 0.1% on a quarterly basis in 4Q19, registering its … Continue reading

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