Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1163.40 per ounce, after expectations that the US Federal Reserve will delay its decision to raise interest rates this year resurfaced, … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.59% against the USD to close at 0.7358. LME Copper prices rose 0.30% or $16.0/MT to $5335.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1607.5/MT. Yesterday, the RBA … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a weaker footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD to close at 1.3002. In the Asian session, at GMT0300, the pair is trading at 1.3057, with the USD trading 0.42% higher from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.9626. In economic news, Swiss total sight deposits remained unchanged at a level of CHF465.3 billion in the week ended 09 … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher, ahead of consumer confidence index data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 120.02. In the Asian session, at GMT0300, the pair is trading at 119.83, with the USD trading 0.16% lower from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading lower, ahead of UK’s inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.5343. In the Asian session, at GMT0300, the pair is trading at 1.5312, with the GBP trading 0.21% lower from yesterday’s … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.62% against the USD and closed at 1.1359. Macroeconomic data released showed that industrial production in France, the Euro-zone’s second largest economy, rose more-than-expected to 1.6% MoM in … Continue reading

Posted in EUR/USD | Comments Off

Crude Oil: Oil trading higher this morning

Crude Oil Movement Crude Oil prices declined 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 49.52. Oil prices found support, after the Baker Hughes weekly rig count report stated that the number of working US … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading tad lower in the Asian session

Silver Movement Silver prices rose 0.89% to USD 15.82 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.815, with the silver trading marginally lower … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 1.55% against the USD in the 24 hour period ending 23:00GMT, at 1156.50 per ounce, after the release of dovish FOMC minutesfrom its recent monetary policy meeting renewed expectation that the Fed’s decision … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.97% against the USD to close at 0.7326. LME Copper prices rose 3.08% or $159.0/MT to $5319.0/MT. Aluminium prices rose/declined 3.54% or $55.0/MT to $1607.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off