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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: August 8, 2018
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 rose 0.38% against the USD and closed at USD69.16 per barrel, after US re-imposed sanctions against Iran. The US Energy Information Administration lowered its 2019 forecast on the … Continue reading
Posted in Crude Oil
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Silver: White metal extends its gains in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.42% against the USD and closed at USD15.39 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.41, with silver trading 0.10% higher against the … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a stronger footing in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.17% against the USD and closed at USD1218.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 1220.40, with gold trading 0.13% higher against the … Continue reading
Posted in Gold
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AUD/USD: Does not see a strong case for a near-term policy change: RBA Governor, Philip Lowe
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7420. LME Copper prices rose 1.5% or $92.0/MT to $6132.0/MT. Aluminium prices rose 1.3% or $26.0/MT to $2026.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s Ivey purchasing managers index expanded at a slower pace in June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3060. Macroeconomic data showed that Canada’s seasonally adjusted Ivey PMI expanded at a slower pace to record a level of 61.8 … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc extends its gains in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9955. In the Asian session, at GMT0300, the pair is trading at 0.9950, with the USD trading 0.05% lower against the … Continue reading
Posted in USD/CHF
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USD/JPY: Japan posted a less-than-estimated trade surplus in June
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the JPY and closed at 111.37. On the data front, Japan’s flash leading economic index dropped to a level of 105.2 in June, while market participants … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s Halifax house prices advanced by the most since November 2017 in July
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined slightly against the USD and closed at 1.2943. Data revealed that UK’s Halifax house price index advanced 3.3% on a yearly basis in the three months ended May-July … Continue reading
Posted in GBP/USD
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EUR/USD: Germany’s trade surplus widened beyond market forecast in June
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1600. In the economic news, Germany’s seasonally adjusted trade surplus widened to €21.8 billion in June, more than market expectations for … Continue reading
Posted in EUR/USD
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