Daily Archives: August 20, 2020

Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD42.75 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories fell by 1.6 million barrels to … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.63% against the USD and closed at USD27.07 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 27.12, with silver … Continue reading

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Gold: Yellow metal reverses its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.72% against the USD and closed at USD1938.50 per ounce, as the US dollar strengthened and amid rise in Treasury yields. In the Asian session, at GMT0300, the pair … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.83% against the USD and closed at 0.7186. LME Copper prices rose 2.7% or $174.5/MT to $6,667.0/MT. Aluminium prices climbed 0.8% or $13.5/MT to $1,746.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s consumer price inflation slowed in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.3211. On the data front, Canada’s consumer price inflation slowed to 0.1% on a yearly basis in July, more than consensus … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.26% against the CHF and closed at 0.9145. In the Asian session, at GMT0300, the pair is trading at 0.9152, with the USD trading 0.08% higher against the … Continue reading

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USD/JPY: Japanese Yen trading lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the JPY and closed at 106.03. In the Asian session, at GMT0300, the pair is trading at 106.08, with the USD trading 0.05% higher against the … Continue reading

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GBP/USD: UK’s consumer price index rose to a 4-month high in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.01% against the USD and closed at 1.3112, amid concerns over Brexit and rising inflation. On the data front, UK’s consumer price index rose 1.0% on a yearly … Continue reading

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EUR/USD: Euro-zone’s consumer price index climbed in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.1849. On the macro front, Euro-zone’s consumer price index climbed 0.4% on a yearly basis in July, compared to a rise … Continue reading

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