Daily Archives: June 3, 2020

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Posted on June 3, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.69% against the USD and closed at USD37.07 per barrel, amid hopes for an extension of production cuts by major oil producers. Additionally, American Petroleum Institute (API) … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the morning session

Posted on June 3, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.55% against the USD and closed at USD18.37 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.24, with silver trading 0.73% lower against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow extends its losses in the Asian session

Posted on June 3, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.13% against the USD and closed at USD1734.40 per ounce, amid rise in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1732.90, with … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s economy contracted in the first quarter

Posted on June 3, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.6890. LME Copper prices rose 1.6% or $86.5/MT to $5,463.0/MT. Aluminium prices declined 0.8% or $12.0/MT to $1,499.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie reverses its losses in the Asian session

Posted on June 3, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.72% against the CAD and closed at 1.3527. In the Asian session, at GMT0300, the pair is trading at 1.3508, with the USD trading 0.14% lower against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s real retail sales plunged in April

Posted on June 3, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.9620. On the data front, Switzerland’s real retail sales plunged 19.9% on a yearly basis in April, compared to a revised … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on June 3, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.37% against the JPY and closed at 108.64. In the Asian session, at GMT0300, the pair is trading at 108.56, with the USD trading 0.07% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s Nationwide housing prices dropped in May

Posted on June 3, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.67% against the USD and closed at 1.2550. On the data front, UK’s Nationwide housing prices dropped 1.7% on a monthly basis in May, recording its biggest fall … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its gains in the morning session

Posted on June 3, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1172. In the Asian session, at GMT0300, the pair is trading at 1.1196, with the EUR trading 0.21% higher against the … Continue reading →

Posted in EUR/USD | Comments Off