Monthly Archives: July 2020

USD/JPY: Japan’s leading economic index climbed in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 105.33. On the data front, Japan’s leading economic index climbed to 78.4 in May, compared to a reading of 77.7 in … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.2890. In the Asian session, at GMT0300, the pair is trading at 1.2878, with the GBP trading 0.09% lower against the … Continue reading

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EUR/USD: Euro reverses its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.60% against the USD and closed at 1.1760. On the macro front, Germany’s Ifo business climate climbed to 90.5 in July, more than market expectations for a rise … Continue reading

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Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.49% against the USD and closed at USD41.24 per barrel on Friday, amid signs of economic improvement. Meanwhile, Baker Hughes reported that US oil drilling rig count … Continue reading

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Silver: White metal trading on a positive footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.66% against the USD and closed at USD22.99 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 23.73, … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.18% against the USD and closed at USD1927.20 per ounce on Friday, as rising tensions between the US-China raised demand for the safe haven metal. In the Asian session, … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.13% against the USD and closed at 0.7098 on Friday. LME Copper prices declined 1.9% or $121.0/MT to $6,412.5/MT. Aluminium prices fell 0.4% or $6.5/MT to $1,654.5/MT. In … Continue reading

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USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD and closed at 1.3417 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3381, with the USD trading 0.27% lower … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9225 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9179, with the USD trading 0.50% lower … Continue reading

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USD/JPY: Japanese Yen extends its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the JPY and closed at 105.97 on Friday. In the Asian session, at GMT0300, the pair is trading at 105.56, with the USD trading 0.39% lower … Continue reading

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GBP/USD: UK’s Markit manufacturing PMI climbed in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.2789 on Friday, following stronger-than-expected domestic economic data. On the data front, UK’s Markit manufacturing PMI climbed to 53.6 in July, … Continue reading

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