Monthly Archives: August 2020

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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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

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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

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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

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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

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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

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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

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