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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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Monthly Archives: May 2020
USD/CAD: Loonie trading a tad lower in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.68% against the CAD and closed at 1.3783. In the Asian session, at GMT0300, the pair is trading at 1.3787, with the USD trading marginally higher against the … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s trade surplus widened in April
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9654. On the data front, Switzerland’s trade surplus widened to CHF4.04 million in April, following a revised surplus of CHF3.96 million … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading a tad higher in the morning session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.40% against the JPY and closed at 107.51. In the Asian session, at GMT0300, the pair is trading at 107.50, with the USD trading marginally lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s CBI distributive trade survey’s retail sales balance rose in May
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.32% against the USD and closed at 1.2335. On the data front, UK’s CBI distributive trades survey’s retail sales balance rose to -50.0% in May, in line with … Continue reading
Posted in GBP/USD
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EUR/USD: Euro reverses its gains in the morning session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.79% against the USD and closed at 1.0982. On the macro front, Germany’s GfK consumer confidence survey climbed to -18.9 in June, in line with market expectations and … Continue reading
Posted in EUR/USD
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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.23% against the USD and closed at USD33.86 per barrel. On Friday, Baker Hughes reported that US oil drilling rig count dropped by 21 to 237 for … Continue reading
Posted in Crude Oil
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Silver: White metal extends its gains in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.14% against the USD and closed at USD17.63 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.99, with silver trading 2.01% higher against the … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a stronger footing this morning
Gold Movement For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1744.90 per ounce. In the Asian session, at GMT0300, the pair is trading at 1753.20, with gold trading 0.48% higher against the … Continue reading
Posted in Gold
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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 5.21% against the USD and closed at 0.6544. LME Copper prices declined 2.7% or $144.5/MT to $5,242.5/MT. Aluminium prices fell 0.9% or $14.0/MT to $1,473.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s retail sales dropped in March
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.18% against the CAD and closed at 1.3978. On the data front, Canada’s retail sales dropped 10.0% on a monthly basis in March, in line with market expectations … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s industrial production rose in 1Q20
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 0.9716. On the data front, Switzerland’s industrial production rose 0.8% on a yearly basis in the first quarter of 2020, compared … Continue reading
Posted in USD/CHF
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