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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 3, 2020
Crude Oil: Oil trading on a weaker footing this morning
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.05% against the USD and closed at USD40.42 per barrel on Friday. The Baker Hughes reported that US oil drilling rig count dropped by 1 to 180 … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 4.60% against the USD and closed at USD24.58 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 24.47, with silver trading 0.43% lower … Continue reading
Posted in Silver
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Gold: Yellow metal extends its gains in the morning session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.88% against the USD and closed at USD1989.90 per ounce on Friday, as the US dollar weakened. In the Asian session, at GMT0300, the pair is trading at 1992.50, … Continue reading
Posted in Gold
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AUD/USD: Australia’s AiG performance of manufacturing index climbed in July
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.74% against the USD and closed at 0.7143 on Friday. LME Copper prices rose 0.2% or $13.0/MT to $6,446.5/MT. Aluminium prices climbed 0.2% or $4.0/MT to $1,685.5/MT. In … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s economy rebounded in May
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD and closed at 1.3395 on Friday. On the data front, Canada’s gross domestic product climbed 4.5% on a monthly basis in May, more than … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s real retail sales rose less than anticipated in June
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 0.9142 on Friday. On the data front, Switzerland’s real retail sales rose less-than-expected by 1.1% on a yearly basis in June, … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s economy contracted in 1Q 2020
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.07% against the JPY and closed at 105.84 on Friday. In the Asian session, at GMT0300, the pair is trading at 105.84, with the USD trading flat against … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s Nationwide house prices unexpectedly rebounded in July
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3089 on Friday. On the data front, UK’s Nationwide housing prices unexpectedly rose 1.7% on a monthly basis in July, marking … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s economy contracted on a quarterly basis in the second quarter
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.1782 on Friday, after the Euro-zone’s economy contracted at its fastest pace on record in the second quarter. On the macro … Continue reading
Posted in EUR/USD
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