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Monthly Archives: February 2020
USD/JPY: Japan’s leading index rises in December
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 2.61% against the JPY and closed at 110.72. In the Asian session, at GMT0400, the pair is trading at 110.84, with the USD trading 0.11% higher 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 1.24% against the USD and closed at 1.2925, as investors turned away from risker assets, amid a rise in number of coronavirus cases outside China. In the Asian … Continue reading
Posted in GBP/USD
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EUR/USD: German business confidence improves in February
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.0853. On the data front, Germany’s Ifo business expectations index unexpectedly rose to a level of 93.4 in February, compared to … Continue reading
Posted in EUR/USD
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Crude Oil: Oil trading on a weaker footing this morning
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.43% against the USD and closed at USD53.41 per barrel on Friday, amid a dispute between Saudi Arabia and Russia over the impact of China’s coronavirus outbreak … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.42% against the USD and closed at USD18.62 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 18.72, with silver trading 0.54% higher … Continue reading
Posted in Silver
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Gold: Yellow metal extends its gains in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.53% against the USD and closed at USD1647.90 per ounce on Friday, as downbeat US economic data and rising worries over the global economic slowdown caused due to the … Continue reading
Posted in Gold
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AUD/USD: Aussie extends its losses in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.49% against the USD and closed at 0.6631 on Friday. LME Copper prices declined 0.5% or $28.0/MT to $5,702.0/MT. Aluminium prices fell 0.6% or $10.0/MT to $1,677.0/MT. In … Continue reading
Posted in AUD/USD
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USD/CAD: Canada retail sales remained flat in December
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.69% against the CAD and closed at 1.3209 on Friday. On the macro front, Canada’s retail sales remained flat on a monthly basis in December, compared to a … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a negative footing this morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CHF and closed at 0.9779 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9808, with the USD trading 0.30% higher … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading a tad lower in the morning session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 3.44% against the JPY and closed at 111.61 on Friday, as risk appetite was dampened due to increased number of coronavirus cases in South Korea. In the Asian … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s manufacturing activity grows at its fastest pace in 10 months in February
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.87% against the USD and closed at 1.2973 on Friday. Data showed that UK’s Markit manufacturing PMI unexpectedly advanced to a level of 51.9 in February, defying market … Continue reading
Posted in GBP/USD
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