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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: June 8, 2020
Crude Oil: Oil trading on a stronger footing this morning
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.74% against the USD and closed at USD39.1 per barrel on Friday, after the Baker Hughes reported that US oil drilling rig count declined by 16 to … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.55% against the USD and closed at USD17.55 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 17.67, with silver trading 0.71% higher … Continue reading
Posted in Silver
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Gold: Yellow metal reverses its losses in the morning session
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.96% against the USD and closed at USD1686.80 per ounce on Friday, as robust US jobs data boosted hopes of a faster economic recovery. In the Asian session, at … Continue reading
Posted in Gold
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AUD/USD: Aussie extends its gains in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.84% against the USD and closed at 0.6962 on Friday. LME Copper prices rose 2.5% or $135.5/MT to $5,588.0/MT. Aluminium prices climbed 1.2% or $18.5/MT to $1,553.5/MT. In … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s Ivey PMI rebounds from record low in May
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.10% against the CAD and closed at 1.3446 on Friday. On the data front, Canada’s unemployment rate climbed to 13.7% in May, less than market expectations and compared … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading a tad lower in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9622 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9624, with the USD trading slightly higher … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s leading economic index dropped in April
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the JPY and closed at 109.64 on Friday. On the data front, Japan’s leading economic index dropped to 76.2 in April, reaching its lowest level since … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s Halifax house prices fell for a third straight month in May
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 2.79% against the USD and closed at 1.2664 on Friday. On the data front, UK’s Halifax house prices fell 0.2% on a monthly basis in May, less than … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading a tad higher in the morning session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1289 on Friday. On the data front, Germany seasonally adjusted factory orders dropped 25.8% on a monthly basis in April, due … Continue reading
Posted in EUR/USD
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