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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: April 2, 2020
Crude Oil: Oil reverses its gains in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.64% against the USD and closed at USD21.20 per barrel. Separately, the Energy Information Administration (EIA) reported that crude oil inventories rose by 13.8 million barrels last … Continue reading
Posted in Crude Oil
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Silver: White metal extends its losses in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.07% against the USD and closed at USD14.11 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.04, with silver trading 0.50% lower against the … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a weaker footing this morning
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.00% against the USD and closed at USD1606.50 per ounce, as concerns over economic slowdown due to the coronavirus pandemic increased demand for the safe haven asset. In the … Continue reading
Posted in Gold
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AUD/USD: Aussie extends its losses in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 11.92% against the USD and closed at 0.6081. LME Copper prices declined 0.5% or $25.0/MT to $4,772.0/MT. Aluminium prices fell 1.7% or $25.5/MT to $1,463.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s manufacturing PMI unexpectedly dropped in March
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.63% against the CAD and closed at 1.4167. On the data front, Canada’s Markit manufacturing PMI unexpectedly dropped to 46.1 in March, confounding market expectations for an advance … Continue reading
Posted in USD/CAD
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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 0.27% against the CHF and closed at 0.9664. In Switzerland, the SVME manufacturing PMI declined to a level of 43.7, less than market forecast for a fall to … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading lower in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.64% against the JPY and closed at 107.24. In the Asian session, at GMT0300, the pair is trading at 107.50, with the USD trading 0.24% higher against the … Continue reading
Posted in USD/JPY
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GBP/USD: UK manufacturing activity significantly dropped in March
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.93% against the USD and closed at 1.2386. On the data front, UK’s manufacturing PMI dropped to a 3-month low level of 47.8 in March, compared to a … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s manufacturing activity contracted at its fastest pace in more than seven years
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.0951. On the macro front, Euro-zone’s Markit manufacturing PMI dropped to a level of 44.5 in March, due to the coronavirus … Continue reading
Posted in EUR/USD
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