Daily Archives: August 4, 2020

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.84% against the USD and closed at USD40.77 per barrel, as positive readings on manufacturing activity offset concerns over growing coronavirus cases. In the Asian session, at … Continue reading

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Silver: White metal extend its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.55% against the USD and closed at USD24.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 24.45, with silver trading 0.18% lower against the … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1991.40 per ounce. In the Asian session, at GMT0300, the pair is trading at 1992.30, with gold trading 0.05% higher against the … Continue reading

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AUD/USD: Australia’s trade surplus widened less than expected in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.34% against the USD and closed at 0.7125. LME Copper prices declined 0.1% or $5.5/MT to $6,441.0/MT. Aluminium prices fell 0.4% or $6.0/MT to $1,679.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3383. In the Asian session, at GMT0300, the pair is trading at 1.339, with the USD trading 0.05% higher against the … Continue reading

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USD/CHF: Switzerland’s consumer prices fell for the sixth straight month in July

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CHF and closed at 0.9175. On the data front, Switzerland’s consumer price index declined 0.9% on a yearly basis in July, compared to a fall … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the JPY and closed at 105.92. In the Asian session, at GMT0300, the pair is trading at 106.10, with the USD trading 0.17% higher against the … Continue reading

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GBP/USD: UK’s manufacturing activity grew in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.3077. On the data front, UK’s Markit manufacturing PMI rose to a 16-month high level of 53.3 in July, compared to … Continue reading

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EUR/USD: Euro-zone’s Markit manufacturing PMI expanded in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1766. On the data front, Euro-zone’s Markit manufacturing PMI rose to 51.8 in July, expanding for the first time since early … Continue reading

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