Forex news for North American trading on July 31, 2020: Markets: Gold up $16 to $1972 WTI crude oil up 44-cents to $40.35 US 10-year yields down 1 bps to 0.5347% CAD leads, NZD lags The big story was the move in USD/JPY. It came after some serious jawboning and threats from top Japanese officials
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Up $0.35 or 0.88% The price of WTI crude oil futures are settling the day at $40.27. That is up $0.35 or 0.88%. The high for the day reached $40.55. The low extended to $39.66. The last 5 weeks has seen the price close at: July 3 $40.65 July 10, $40.55 July 17, $40.59 July
Dow, S&P, NASDAQ close higher for the 4th consecutive month the month of July is over and all the major indices closed higher for the 4th consecutive month. The S&P index had its second-best July performance since 2010. Apple, Amazon, Facebook all of the way after their earnings release last night. Apple rose up 10.47%.
Closes lower for the first time since July 16 All good streaks come to an end and the GBPUSD’s 10 day streak of higher closes came to an end today. The pair last close lower back on July 16. On July 17 the low price reached 1.2511, but closed higher on the day. This week the low was reached
Bold move by the rating agency The rating was affirmed at AAA but lowered to negative from stable. That’s how you get yourself a lawsuit. Cites ongoing deterioration in public finances Sees general debt to GDP above 130% by 2021 Expects deficit to narrow to 11% of GDP in 2021 Expects US economy to contract
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