Daily Archives: July 15, 2020

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.68% against the USD and closed at USD40.60 per barrel, after the American Petroleum Institute (API) reported that crude oil inventories fell by 8.3 million barrels for … 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 1.26% against the USD and closed at USD19.72 per ounce. In the Asian session, at GMT0300, the pair is trading at 19.67, with silver trading 0.25% lower against the … Continue reading

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Gold: Yellow metal trading a tad lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.45% against the USD and closed at USD1812.30 per ounce, amid rising coronavirus cases and concerns over US-China trade tensions. In the Asian session, at GMT0300, the pair is … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence dropped in July

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.62% against the USD and closed at 0.6987. LME Copper prices declined 0.9% or $55.5MT to $6,489.5/MT. Aluminium prices fell 1.5% or $25.0/MT to $1,640.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading flat in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3601. In the Asian session, at GMT0300, the pair is trading at 1.3601, with the USD trading flat against the CAD … Continue reading

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USD/CHF: Switzerland’s producer and import prices unexpectedly rose in June

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9396. On the data front, Switzerland’s producer and import prices unexpectedly rose 0.5% on a monthly basis in June, defying market … Continue reading

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USD/JPY: Japan’s industrial production dropped in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 107.28. On the data front, Japan’s industrial production plunged 26.3% on a yearly basis in May, compared to a drop of … Continue reading

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GBP/USD: Britain’s economy expanded in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.2571. On the data front, UK’s gross domestic product climbed 1.8% on a monthly basis in May, less than market forecast … Continue reading

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UR/USD: Euro-zone’s industrial production rebounded less than expected in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.56% against the USD and closed at 1.1409. On the macro front, Euro-zone’s ZEW survey economic sentiment climbed to 59.6 in July, less than market forecast for a … Continue reading

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