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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 17, 2020
Crude Oil: Oil reverses its losses in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.47% against the USD and closed at USD42.16 per barrel, amid concerns over energy demand. Meanwhile, the Baker Hughes reported that US oil drilling rig count fell … Continue reading
Posted in Crude Oil
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Silver: White metal extends its losses in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.52% against the USD and closed at USD26.70 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 26.57, with silver trading 0.49% lower … Continue reading
Posted in Silver
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Gold: Yellow metal trading a tad lower in the morning session
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.85% against the USD and closed at USD1952.00 per ounce, amid strength in the US Treasury yields. In the Asian session, at GMT0300, the pair is trading at 1951.90, … Continue reading
Posted in Gold
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AUD/USD: Aussie extends its gains in the morning session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.32% against the USD and closed at 0.7174 on Friday. LME Copper prices declined 0.6% or $37.5/MT to $6,342.5/MT. Aluminium prices fell 0.5% or $8.0/MT to $1,730.0/MT. In … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s manufacturing sales jumped in June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD and closed at 1.3259 on Friday. On the data front, Canada’s manufacturing sales jumped 20.7% on a monthly basis in June, more than market … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s producer and import prices rose in July
USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9093 on Friday. On the data front, Switzerland’s producer and import prices rose 0.1% on a monthly basis in July, compared … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading on a stronger footing this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 106.60 on Friday. In the Asian session, at GMT0300, the pair is trading at 106.55, with the USD trading 0.05% lower … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s Rightmove house price index rose in August
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.3088 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3103, with the GBP trading 0.11% higher … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s economy sharply contracted in 2Q 2020
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.1839 on Friday. On the macro front, Euro-zone’s gross domestic product plunged 12.1% on quarterly basis in 2Q 2020, recording its … Continue reading
Posted in EUR/USD
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