Monthly Archives: April 2020

AUD/USD: Aussie trading lower, following RBA meeting minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 8.17% against the USD and closed at 0.6340. LME Copper prices declined 0.1% or $6.0/MT to $5,169.5/MT. Aluminium prices fell 2.1% or $31.0/MT to $1,451.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s wholesale sales climbed in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.28% against the CAD and closed at 1.4122. On the data front, Canada’s wholesale sales rose 0.7% on a monthly basis in February, compared to a rise of … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.9682. On the macro front, Switzerland’s total sight deposits rose to a level of CHF637.2 billion in the week ended 17 … Continue reading

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USD/JPY: Japanese Yen trading higher in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.17% against the JPY and closed at 107.76. In the Asian session, at GMT0300, the pair is trading at 107.58, with the USD trading 0.17% lower 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 4.51% against the USD and closed at 1.2440. In the Asian session, at GMT0300, the pair is trading at 1.24, with the GBP trading 0.32% lower against the … Continue reading

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EUR/USD: Euro-zone’s trade surplus rose in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.0862. On the macro front, Euro-zone’s seasonally adjusted current account trade surplus widened to €40.2 billion in February, driven by a … Continue reading

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Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 8.89% against the USD and closed at USD18.15 per barrel on Friday, on demand concerns. Separately, Baker Hughes reported that US oil drilling rig count fell by … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.46% against the USD and closed at USD15.44 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 15.50, with silver trading 0.36% higher … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.66% against the USD and closed at USD1696.30 per ounce on Friday, amid positive result from a drug that showed potential to treat COVID-19 and amid news that US … Continue reading

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AUD/USD: Aussie trading lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.81% against the USD and closed at 0.6365 on Friday. LME Copper prices rose 1.5% or $77.0/MT to $5,175.5/MT. Aluminium prices climbed 0.4% or $6.5/MT to $1,482.5/MT. In … Continue reading

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USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CHF and closed at 0.9678 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9684, with the USD trading 0.06% higher … Continue reading

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