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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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Monthly Archives: June 2020
AUD/USD: Australia’s trade surplus narrowed less-than-expected in April
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.28% against the USD and closed at 0.6923. LME Copper prices rose 0.7% or $36.0/MT to $5,499.0/MT. Aluminium prices climbed 1.8% or $26.5/MT to $1,526.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Bank of Canada kept its key interest rate on hold
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.54% against the CAD and closed at 1.3504. The Bank of Canada (BoC), in its interest rate decision, kept its key interest rate unchanged at 0.25%, as widely … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s gross domestic product fell in 1Q 2020
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9614. On the data front, Switzerland’s gross domestic product fell 2.6% on a quarterly basis in the first quarter of 2020, … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen extends its gains in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.06% against the JPY and closed at 108.98. In the Asian session, at GMT0300, the pair is trading at 108.87, with the USD trading 0.10% lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s Markit services PMI climbed in May
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.49% against the USD and closed at 1.2573. On the data front, UK’s Markit services PMI climbed to 29.0 in May, compared to a level of 13.4 in … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s Markit services PMI climbed to a three-month high level in May
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.54% against the USD and closed at 1.1232. On the macro front, Euro-zone’s Markit services PMI climbed to 30.5 in May, compared to a level of 12.0 in … Continue reading
Posted in EUR/USD
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Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.69% against the USD and closed at USD37.07 per barrel, amid hopes for an extension of production cuts by major oil producers. Additionally, American Petroleum Institute (API) … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.55% against the USD and closed at USD18.37 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.24, with silver trading 0.73% lower against the … Continue reading
Posted in Silver
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Gold: Yellow extends its losses in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.13% against the USD and closed at USD1734.40 per ounce, amid rise in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1732.90, with … Continue reading
Posted in Gold
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AUD/USD: Australia’s economy contracted in the first quarter
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.6890. LME Copper prices rose 1.6% or $86.5/MT to $5,463.0/MT. Aluminium prices declined 0.8% or $12.0/MT to $1,499.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie reverses its losses in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.72% against the CAD and closed at 1.3527. In the Asian session, at GMT0300, the pair is trading at 1.3508, with the USD trading 0.14% lower against the … Continue reading
Posted in USD/CAD
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