Monthly Archives: April 2020

USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.51% against the CAD and closed at 1.4021. In the Asian session, at GMT0300, the pair is trading at 1.4059, with the USD trading 0.27% higher against the … Continue reading

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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 1.21% against the CHF and closed at 0.9755. On the data front, Switzerland’s total sight deposits rose to CHF650.7 billion in the week ended 24 April 2020 from … Continue reading

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USD/JPY: Japan’s unemployment rate climbed in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.63% against the JPY and closed at 107.25. In the Asian session, at GMT0300, the pair is trading at 107.29, with the USD trading marginally higher against the … Continue reading

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GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.61% against the USD and closed at 1.2428. In the Asian session, at GMT0300, the pair is trading at 1.2414, with the GBP trading 0.11% lower against the … Continue reading

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EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0830. In the US, the Dallas Fed manufacturing business index dropped to -73.7 in April, compared to a level of -70.0 … Continue reading

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Crude Oil: Oil extends its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.58% against the USD and closed at USD17.11 per barrel on Friday. Separately, Baker Hughes reported that the number of active US rigs drilling for oil dropped … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.10% against the USD and closed at USD15.53 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 15.57, with silver trading 0.23% higher … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.60% against the USD and closed at USD1739.30 per ounce on Friday, amid profit booking. In the Asian session, at GMT0300, the pair is trading at 1740.60, with gold … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.47% against the USD and closed at 0.6388 on Friday. LME Copper prices declined 0.1% or $2.5/MT to $5,118.0/MT. Aluminium prices marginally fell to $1,473.0/MT. In the Asian … Continue reading

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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 8.08% against the CAD and closed at 1.4096 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4071, with the USD trading 0.18% lower … Continue reading

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.07% against the CHF and closed at 0.9741 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9740, with the USD trading slightly lower … Continue reading

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