Daily Archives: July 9, 2020

Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.29% against the USD and closed at USD40.92 per barrel, amid rise in US crude imports and signs of recovery in gasoline consumption in the US. Meanwhile, … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.96% against the USD and closed at USD19.16 per ounce. In the Asian session, at GMT0300, the pair is trading at 19.18, with silver trading 0.10% higher against the … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading a tad higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.69% against the USD and closed at USD1819.60 per ounce, as continuing concerns over global surge in coronavirus cases increased demand for the safe haven metal. In the Asian … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.53% against the USD and closed at 0.6983. LME Copper prices rose 1.8% or $108.0/MT to $6,194.0/MT. Aluminium prices climbed 1.4% or $22.5/MT to $1,619.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CAD and closed at 1.3518. In the Asian session, at GMT0300, the pair is trading at 1.3515, with the USD trading marginally lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s unemployment rate unexpectedly fell in June

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.9384. On the data front, Switzerland’s unemployment rate unexpectedly fell to 3.3% in June, defying market consensus for a rise to … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading a tad lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the JPY and closed at 107.28. In the Asian session, at GMT0300, the pair is trading at 107.30, with the USD trading marginally higher against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s RICS housing price balance rose more-than-expected in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.2610. On the data front, UK’s RICS housing price balance rose to -15.0% in June, more than market expectations for a … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.1333. In the US, consumer credit dropped by $18.3 billion in May, more than market expectations and compared to a revised … Continue reading

Posted in EUR/USD | Comments Off