Monthly Archives: July 2019

Gold: Yellow metal reverses its gains in the morning session

Posted on July 30, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.21% against the USD and closed at USD1438.60 per ounce, ahead of the Federal Reserve’s interest rate decision. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Australia’s building approvals surprisingly fell to a six-year low in June

Posted on July 30, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.6902. LME Copper prices rose 0.1% or $4.5/MT to $5949.5/MT. Aluminium prices declined 0.2% or $3.5/MT to $1774.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the morning session

Posted on July 30, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.3163. In the Asian session, at GMT0300, the pair is trading at 1.3170, with the USD trading 0.05% higher against the … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on July 30, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9917. In economic news, Switzerland’s total sight deposits rose to a level of CHF581.2 billion in the week ended 26 July … Continue reading →

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USD/JPY: BoJ leaves its key interest rates unchanged at -0.10%, lowers inflation forecast

Posted on July 30, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the JPY and closed at 108.84. In the Asian session, at GMT0300, the pair is trading at 108.71, with the USD trading 0.12% lower against the … Continue reading →

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GBP/USD: UK’s mortgage approvals advanced more-than-expected in June

Posted on July 30, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.23% against the USD and closed at 1.2224, after Boris Johnson’s government reiterated that Britain is prepared to leave the European Union without a deal on 31 October, … Continue reading →

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EUR/USD: Euro trading a tad lower in the Asian session

Posted on July 30, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1145. In the US, data showed that the Dallas Fed manufacturing business index rose to a level of -6.3 in July, … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on July 29, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.21% against the USD and closed at USD56.17 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs fell … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 29, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.33% against the USD and closed at USD16.39 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.42, with silver trading 0.18% higher … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on July 29, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.25% against the USD and closed at USD1431.50 per ounce on Friday, amid hopes of an interest rate cut by the US central bank. In the Asian session, at … Continue reading →

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AUD/USD: Aussie trading flat in the Asian session

Posted on July 29, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.60% against the USD and closed at 0.6909 on Friday. LME Copper prices declined 1.1% or $65.0/MT to $5945.0/MT. Aluminium prices rose 1.0% or $17.5/MT to $1778.0/MT. In … Continue reading →

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