Daily Archives: June 22, 2020

Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.23% against the USD and closed at USD39.57 per barrel on Friday, amid hopes that global fuel demand would rebound more quickly than estimated. Additionally, Baker Hughes … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.89% against the USD and closed at USD18.02 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 18.26, with silver trading 1.36% higher … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.33% against the USD and closed at USD1754 per ounce on Friday, amid fears that growing coronavirus cases would force governments to impose new lockdown restrictions. In the Asian … Continue reading

Posted in Gold | Comments Off

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.6844 on Friday. LME Copper prices rose 0.6% or $36.5/MT to $5,835.5/MT. Aluminium prices declined 0.5% or $8.5/MT to $1,578.0/MT. In … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s retail sales plunged in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.3609 on Friday. On the data front, Canada’s retail sales plunged 26.4% on a monthly basis in April, more than market … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9521 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9521, with the USD trading flat against … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the JPY and closed at 106.82 on Friday. In the Asian session, at GMT0300, the pair is trading at 106.88, with the USD trading 0.06% higher … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s public sector net borrowing deficit widened in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.56% against the USD and closed at 1.2356 on Friday, after data indicated that government borrowing hit a record high level stoking concerns about economic recovery. On the … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s current account surplus narrowed to a 3-year low level in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1184 on Friday. On the macro front, Euro-zone’s current account unexpectedly surplus narrowed to €14.4 billion in April, recording its lowest … Continue reading

Posted in EUR/USD | Comments Off