Daily Archives: July 14, 2020

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.79% against the USD and closed at USD39.54 per barrel, amid fears that major oil producers including Russia are expected to ease their production cuts to 7.7 … Continue reading

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Silver: White metal reverses its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.38% against the USD and closed at USD19.47 per ounce. In the Asian session, at GMT0300, the pair is trading at 19.44, with silver trading 0.15% lower against the … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.09% against the USD and closed at USD1805.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 1800.40, with gold trading 0.27% lower against the … Continue reading

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AUD/USD: Australia’s NAB business confidence index unexpectedly climbed in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.30% against the USD and closed at 0.6944. LME Copper prices rose 3.5% or $222.5/MT to $6,545.0/MT. Aluminium prices climbed 1.5% or $25.0/MT to $1,664.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.3607. In the Asian session, at GMT0300, the pair is trading at 1.3618, with the USD trading 0.08% higher against the … Continue reading

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USD/CHF: Swiss Franc trading a tad lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9419. In the Asian session, at GMT0300, the pair is trading at 0.9421, with the USD trading slightly higher against the … Continue reading

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USD/JPY: Japan’s tertiary industry activity declined for the fourth straight month in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the JPY and closed at 107.31. On the data front, Japan’s tertiary industry index dropped 2.1% on a monthly basis in May, compared to a fall … Continue reading

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GBP/USD: UK’s BRC like-for-like retail sales jumped in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.72% against the USD and closed at 1.2558. In the Asian session, at GMT0300, the pair is trading at 1.2547, with the GBP trading 0.09% lower against the … Continue reading

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EUR/USD: Euro trading a tad lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1346. In the US, budget deficit widened more-than-expected to $864.0 billion in June, following a budget deficit of $399.0 billion in … Continue reading

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