Daily Archives: August 18, 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 1.02% against the USD and closed at USD42.74 per barrel, as the Organisation of the Petroleum Exporting Countries (OPEC) and its allies complied with production cuts in … Continue reading

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Silver: White metal trading higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 4.64% against the USD and closed at USD27.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 28.07, with silver trading 2.09% higher against the … Continue reading

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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 2.14% against the USD and closed at USD1990.60 per ounce, after weaknesses in the US dollar and treasury bond yields. In the Asian session, at GMT0300, the pair is … Continue reading

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AUD/USD: Aussie trading a tad higher 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 0.7213. LME Copper prices rose 1.5% or $97.0/MT to $6,439.5/MT. Aluminium prices declined 0.6% or $10.5/MT to $1,719.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD and closed at 1.3225. In the Asian session, at GMT0300, the pair is trading at 1.3195, with the USD trading 0.23% lower against the … Continue reading

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USD/CHF: Swiss Franc extends its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9068. In the Asian session, at GMT0300, the pair is trading at 0.9054, with the USD trading 0.15% lower against the … Continue reading

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USD/JPY: Japan’s industrial production rose in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the JPY and closed at 106.04. On the data front, Japan’s industrial production rose 1.9% on a monthly basis in June, compared to a drop of … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.3104. In the Asian session, at GMT0300, the pair is trading at 1.3130, with the GBP trading 0.20% higher against the … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1872. The US dollar declined against basket of currencies, amid downbeat US economic data. In the US, the NY Empire state … Continue reading

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