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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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Monthly Archives: August 2020
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
Posted in Gold
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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
Posted in AUD/USD
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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
Posted in USD/CAD
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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
Posted in USD/CHF
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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
Posted in USD/JPY
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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
Posted in GBP/USD
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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
Posted in EUR/USD
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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD42.68 per barrel. The American Petroleum Institute (API) reported that crude oil inventories fell by 4.3 million barrels for the … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its gains in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.16% against the USD and closed at USD28.09 per ounce. In the Asian session, at GMT0300, the pair is trading at 27.87, with silver trading 0.78% lower against the … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a weaker footing this morning
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.10% against the USD and closed at USD2012.50 per ounce, as the US dollar weakened and amid rising tension between the US and China. In the Asian session, at … Continue reading
Posted in Gold
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AUD/USD: Australia’s Westpac leading index rose in July
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7246. LME Copper prices rose 0.8% or $53.0/MT to $6,492.5/MT. Aluminium prices climbed 0.8% or $13.5/MT to $1,733.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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