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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: April 7, 2020
Crude Oil: Oil trading higher ahead of API’s weekly crude inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.19% against the USD and closed at USD26.72 per barrel, after a meeting between Saudi Arabia and Russia on oil production cuts was delayed. In the Asian … Continue reading
Posted in Crude Oil
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Silver: White metal extends its gains in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 6.74% against the USD and closed at USD15.45 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.51, with silver … Continue reading
Posted in Silver
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Gold: Yellow metal trading a tad lower in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 3.61% against the USD and closed at USD1706.60 per ounce, as growing concerns over the spread of coronavirus boosted demand for the safe haven asset. In the Asian session, … Continue reading
Posted in Gold
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AUD/USD: Australia’s trade surplus narrowed in February
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 11.89% against the USD and closed at 0.6083. LME Copper prices rose 0.1% or $3.5/MT to $4,867.0/MT. Aluminium prices declined 1.9% or $27.5/MT to $1,424.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.37% against the CAD and closed at 1.4133. In the Asian session, at GMT0300, the pair is trading at 1.4098, with the USD trading 0.25% lower against the … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a stronger footing this morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.57% against the CHF and closed at 0.9789. In Switzerland, total sight deposits advanced to a level of CHF627.2 billion in the week ended 3 April 2019, compared … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen extends its gains in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.87% against the JPY and closed at 109.19. Data showed that Japan’s consumer confidence index dropped to 30.9 in March, compared to a level of 38.4 in the … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s construction activity contracted at its fastest pace since 2009 in March
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 6.28% against the USD and closed at 1.2210, amid news reports that British Prime Minister was moved to the intensive care unit due to persistent COVID-19 symptoms. On … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s Sentix investor confidence index dropped to a record low in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.0788. On the macro front, Euro-zone’s Sentix investor confidence index dropped to a level of -42.9 in April, compared to a … Continue reading
Posted in EUR/USD
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