Monthly Archives: February 2020

AUD/USD: RBA keeps benchmark rates on hold

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.64% against the USD and closed at 0.6690. LME Copper prices rose 0.5% or $25.0/MT to $5,595.0/MT. Aluminium prices declined 0.9% or $15.0/MT to $1,694.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.36% against the CAD and closed at 1.3295. Data indicated that Canada’s Markit manufacturing PMI unexpectedly advanced to a level of 50.60 in January, defying market expectations for … Continue reading

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USD/CHF: Swiss SVME manufacturing PMI declined in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9658. Data revealed that Switzerland’s SVME Purchasing Managers’ Index (PMI) eased to 47.80 in January, compared to a revised reading of … Continue reading

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USD/JPY: Japanese Yen trading on a negative footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the JPY and closed at 108.62. In the Asian session, at GMT0400, the pair is trading at 108.72, with the USD trading 0.09% higher against the … Continue reading

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GBP/USD: British Pound declines as no-deal worries resurface

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.70% against the USD and closed at 1.2995, as no-deal fears re-emerged, after British Prime Minister, Boris Johnson, set out tough terms for Brexit talks with the European … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI advanced in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1062. On the data front, Euro-zone’s final Markit manufacturing PMI rose to a level of 47.90 in January, driven by a … Continue reading

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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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