Note

Daily Summary for Thursday – the 18th of July

· Views 18,217

The US dollar index fall 0.52% to 96.34. Major G10 currencies to USD increased: AUDUSD raised the most at 0.95%, EURUSD raised 0.47%, GBPUSD raised 0.94%, and NZDUSD raised 0.84%.

Gold price reached 1448.05 and closed at 1446.29 yesterday. This was the highest level since June 2013.

The crude oil price continues to drop and closed at 55.58 with 1.7% falling rate. In addition to the recovery of production in the Gulf of Mexico, the slowdown in demand for crude oil is a major factor that put pressure on oil price. The IEA stated that if there are more signals of slowing down global economic growth rate, reducing the global oil demand forecast for 2019 will be considered. 

The upcoming big events: Canadian monthly Core Retail Sales and Retail Sales.

 

Daily movement

Asset

Open

Close

High

Low

change%

USDX

96.8400

96.3400

96.9200

96.3000

-0.52%

EURUSD

1.1224

1.1277

1.1280

1.1205

0.47%

GBPUSD

1.2431

1.2548

1.2558

1.2423

0.94%

USDJPY

107.9420

107.2960

108.0120

107.2080

-0.60%

AUDUSD

0.7009

0.7075

0.7076

0.7005

0.95%

USDCAD

1.3050

1.3026

1.3095

1.3025

-0.19%

NZDUSD

0.6726

0.6782

0.6786

0.6725

0.84%

USDCNH

6.8769

6.8716

6.8862

6.8712

-0.08%

GOLD

1426.6300

1446.2900

1448.0500

1414.5800

1.38%

WTI

56.5400

55.5800

57.2700

54.7000

-1.70%

BRENT

63.9100

62.7400

64.7800

61.5800

-1.83%

DOW 30

27158.0600

27302.4900

27311.9400

27068.3100

0.53%

S&P 500

2977.1300

3000.7200

3002.3300

2971.0300

0.79%

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