Daily Archives: July 16, 2020

Crude Oil: Oil trading reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.03% against the USD and closed at USD41.02 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories fell by 7.5 million barrels to … Continue reading

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Silver: White metal trading lower in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.56% against the USD and closed at USD19.83 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.74, with silver … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1813.50 per ounce, as the US Dollar weakened. In the Asian session, at GMT0400, the pair is trading at 1811.60, with gold … Continue reading

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AUD/USD: Australia’s unemployment rate rose to a 22-year high in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.7007. LME Copper prices rose 0.3% or $17.5/MT to $6,507.0/MT. Aluminium prices climbed 0.7% or $11.0/MT to $1,651.0/MT. In the Asian … Continue reading

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USD/CAD: Bank of Canada (BoC) kept its key interest rate unchanged

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CAD and closed at 1.3507. On the data front, Canada’s manufacturing sales jumped 10.7% on a monthly basis in May, beating market expectations for a … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 0.9441. In the Asian session, at GMT0300, the pair is trading at 0.9454, with the USD trading 0.14% higher against the … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 106.89. In the Asian session, at GMT0300, the pair is trading at 106.95, with the USD trading 0.06% higher against the … Continue reading

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GBP/USD: UK’s consumer price index rose in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.2592. On the data front, UK’s consumer price index increased 0.6% on a yearly basis in June, beating market expectations for … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1415. In the US, industrial production climbed 5.4% on a monthly basis in June, more than market forecast for a rise … Continue reading

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