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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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Daily Archives: May 6, 2020
Crude Oil: Oil trading lower after US crude inventories rose more than expected
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 18.61% against the USD and closed at USD25.30 per barrel, on expectations that demand for oil would pick up, as some European and Asian countries as well … 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 1.78% against the USD and closed at USD15.14 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.25, with silver trading 0.76% higher against the … Continue reading
Posted in Silver
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1714.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 1712.20, with gold trading 0.12% lower against the … Continue reading
Posted in Gold
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AUD/USD: Australia’s retail sales rose in March
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.78% against the USD and closed at 0.6436. The Reserve Bank of Australia (RBA), in its interest rate decision, kept its key interest rate on hold at 0.25%, … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie extends its losses in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.67% against the CAD and closed at 1.4042. On the data front, Canada’s international merchandise trade deficit widened to C$1.41 billion in March, compared to a revised deficit … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s consumer price index declined in April
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.92% against the CHF and closed at 0.9727. On the data front, Switzerland’s SECO consumer climate index fell to a level of -39.3 in 2Q2020, compared to a … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen extends its gains in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 3.31% against the JPY and closed at 106.50. In the Asian session, at GMT0300, the pair is trading at 106.31, with the USD trading 0.18% lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s Markit services PMI dropped in April
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.49% against the USD and closed at 1.2443. On the data front, UK’s Markit services PMI dropped to 13.4 in April, compared to a level of 34.5 in … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s producer price index dropped in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.61% against the USD and closed at 1.0838. On the macro data, Euro-zone’s producer price index dropped 2.8% on a yearly basis in March, driven by sharp fall … Continue reading
Posted in EUR/USD
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