Monthly Archives: February 2020

USD/JPY: Japan posted a trade surplus in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.71% against the JPY and closed at 109.75 on Friday. In the Asian session, at GMT0400, the pair is trading at 109.77, with the USD trading slightly higher … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK house prices rose at its fastest annual pace since February 2018

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.51% against the USD and closed at 1.2889 on Friday. Data indicated that UK’s Halifax house prices climbed 4.1% on a yearly basis in the November-January 2020 period, … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s trade surplus widened in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.0945 on Friday. Data showed that Germany’s trade surplus widened to €19.2 billion in December, driven by a rise in exports … Continue reading

Posted in EUR/USD | Comments Off

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 | Comments Off

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 | Comments Off

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 | Comments Off

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 | Comments Off

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 | Comments Off

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 | Comments Off

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 | Comments Off

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 | Comments Off