Daily Archives: August 19, 2020

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD42.68 per barrel. The American Petroleum Institute (API) reported that crude oil inventories fell by 4.3 million barrels for the … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.16% against the USD and closed at USD28.09 per ounce. In the Asian session, at GMT0300, the pair is trading at 27.87, with silver trading 0.78% lower against the … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.10% against the USD and closed at USD2012.50 per ounce, as the US dollar weakened and amid rising tension between the US and China. In the Asian session, at … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australia’s Westpac leading index rose in July

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7246. LME Copper prices rose 0.8% or $53.0/MT to $6,492.5/MT. Aluminium prices climbed 0.8% or $13.5/MT to $1,733.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD and closed at 1.3160. In the Asian session, at GMT0300, the pair is trading at 1.3163, with the USD trading marginally higher against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CHF and closed at 0.9031. In the Asian session, at GMT0300, the pair is trading at 0.9036, with the USD trading 0.06% higher against the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan recorded a total merchandise trade surplus in July

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.65% against the JPY and closed at 105.35. In the Asian session, at GMT0300, the pair is trading at 105.49, with the USD trading 0.13% higher against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: British Pound trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.08% against the USD and closed at 1.3246. In the Asian session, at GMT0300, the pair is trading at 1.3243, with the GBP trading slightly lower against the … Continue reading

Posted in GBP/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.1940. In the US, the housing starts jumped 22.6% to an annual rate of 1.50 million on a monthly basis in … Continue reading

Posted in EUR/USD | Comments Off