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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
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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: April 23, 2020
Crude Oil: Oil trading lower in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 6.08% against the USD and closed at USD14.30 per barrel, amid rising geopolitical tensions between the US and Iran. Additionally, the Energy Information Administration (EIA) reported that … 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 2.36% against the USD and closed at USD15.42 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.57, with silver trading 1.01% higher against the … Continue reading
Posted in Silver
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Gold: Yellow metal trading reverses its gains in the morning session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.09% against the USD and closed at USD1736.70 per ounce, as renewed concerns over global recession increased demand for the safe haven asset. In the Asian session, at GMT0300, … Continue reading
Posted in Gold
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AUD/USD: Australia’s Commonwealth Bank manufacturing and services PMIs dropped in April
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 8.53% against the USD and closed at 0.6315. LME Copper prices rose 0.8% or $39.5/MT to $5,034.0/MT. Aluminium prices climbed 1.3% or $18.0/MT to $1,461.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s consumer price inflation slowed to a five year low in March
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.63% against the CAD and closed at 1.4167. On the data front, Canada’s consumer price inflation slowed to 0.9% on a yearly basis in March, amid coronavirus crisis … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc extends its losses in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 0.9717. In the Asian session, at GMT0300, the pair is trading at 0.9724, with the USD trading 0.07% higher against the … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s Jibun Bank manufacturing PMI contracted in April
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.16% against the JPY and closed at 107.77. In the Asian session, at GMT0300, the pair is trading at 107.75, with the USD trading marginally lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s consumer price inflation slowed to a 3-month low in March
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.30% against the USD and closed at 1.2337. On the data front, UK’s consumer price inflation slowed to 1.5% on a yearly basis in March, driven by fall … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s consumer confidence weakened for a second straight month in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.0821. On the macro front, Euro-zone’s consumer confidence dropped to a level of -22.7 in April, more than market forecast for … Continue reading
Posted in EUR/USD
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