Breaking News

The US dollar continues to weaken against the Japanese yen: 29-07-2020

News Date: 29/7/2020 05:34:21
 

We start today’s events with the decline in crude oil futures for delivery in September by 0.10%, to be traded at $ 41.08 a barrel. It was previously traded at a low of $ 40.97 a barrel, while Brent crude futures rose 0.21%, to be traded at $ 43.70 a barrel.

 

Gold futures for August delivery fell 0.29%, to trade at $ 1950.20 an ounce. It was previously traded as low as $ 1943.20 an ounce, as it is expected that gold advances will find support points at $ 1863.10, and resistance points at $ 1974.70.

 

On the other hand, silver futures contracts for September delivery fell 0.07% to trade at $ 24.31 an ounce.

 

Because of the rise in the Japanese yen, Japanese stocks have deteriorated, as the Nikkei 225 index decreased by 1.15% to 22397.11 points, to close at the lowest level since the tenth of July, while the broader Topix index lost 1.28% to To 1549,04 points, which is also the lowest closing level in nearly two and a half weeks.

The demand for the Japanese yen started being a safe haven in light of the weakening dollar, as the Japanese yen pair rose against the US dollar to 104,955 dollars, the highest level in more than four months.

Latest news

Futures contracts for gold declined with European trading after it was high in the Asian session : with the beginning of today’s hours, futures contracts rose by 0.66%, to be traded at a price
09-2020 21 09:52:41

Gold futures rose for December delivery according to the Asian session on Friday. As it increased by 0.47%, to be traded at the price of 1959.00 dollars per ounce, and it was previously traded at a
09-2020 18 06:02:31

Oil prices rose this morning, due to the halt in oil and gas production due to a hurricane in the United States of America, as the price of crude oil increased by approximately 1.5%, reaching 41.13 d
09-2020 16 06:30:20

We open the trading week with a rise in gold prices today, after it witnessed a decline in the last days of last week, as it is a safe haven for investors, especially when crises that negatively affe
09-2020 14 06:22:57

Gold prices experienced a remarkable decline at the beginning of the week after it concluded its Asian trading at a high, affected by the great rush of investors, if this morning the gold futures con
08-2020 31 08:11:31

More News

Logs

Advertisements