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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: February 7, 2020
Crude Oil: Oil trading lower ahead of Baker Hughes weekly rig count data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.23% against the USD and closed at USD51.32 per barrel. In the Asian session, at GMT0400, the pair is trading at 51.19, with oil trading 0.25% lower … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its gains in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.22% against the USD and closed at USD17.81 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.80, with silver … Continue reading
Posted in Silver
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Gold: Yellow metal extends its gains in the morning session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.72% against the USD and closed at USD1570.20 per ounce, as hopes for low interest rates and concerns about the economic impact of the coronavirus epidemic increased demand for … Continue reading
Posted in Gold
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AUD/USD: RBA trims 2020 GDP forecast
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.04% against the USD and closed at 0.6732, following disappointing trade and retail sales data from Australia. LME Copper prices rose 0.2% or $12.0/MT to $5,726.0/MT. Aluminium prices … Continue reading
Posted in AUD/USD
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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 rose 2.29% against the CAD and closed at 1.3287, amid better than expected initial jobless claims data from the US. In the Asian session, at GMT0400, the pair is … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher in the morning session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9748. In the Asian session, at GMT0400, the pair is trading at 0.9744, with the USD trading slightly lower against the … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading higher in the morning session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.96% against the JPY and closed at 110.01. In the Asian session, at GMT0400, the pair is trading at 109.90, with the USD trading 0.10% lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound reverses its losses in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.21% against the USD and closed at 1.2928, amid reports that the European Union might revoke concessions made to the UK related to MiFID II, potentially weakening the … Continue reading
Posted in GBP/USD
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EUR/USD: Germany’s factory orders fell at its fastest pace in more than a decade
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.0980, following disappointing German factory orders data. Data showed that Germany’s factory orders unexpectedly dropped by 2.1% on a monthly basis … Continue reading
Posted in EUR/USD
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