Daily Archives: June 9, 2020

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on June 9, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.81% against the USD and closed at USD38.45 per barrel, after Saudi Arabia, the United Arab Emirates and Kuwait disagreed to include additional voluntary reductions of 1.18 … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on June 9, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.79% against the USD and closed at USD17.96 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.85, with silver trading 0.61% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on June 9, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.03% against the USD and closed at USD1706.20 per ounce, and speculation that the US Federal Reserve will continue with its dovish monetary policy. In the Asian session, at … Continue reading →

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AUD/USD: Australia’s NAB business confidence index climbed in May

Posted on June 9, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.74% against the USD and closed at 0.7024. LME Copper prices rose 1.3% or $71.0/MT to $5,659.0/MT. Aluminium prices climbed 1.0% or $16.0/MT to $1,569.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts jumped in May

Posted on June 9, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.60% against the CAD and closed at 1.3381. On the data front, Canada’s housing starts climbed to 193.5K on a yearly basis in May, surpassing market expectations for … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on June 9, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CHF and closed at 0.9579. In the Asian session, at GMT0300, the pair is trading at 0.9580, with the USD trading marginally higher against the … Continue reading →

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

Posted on June 9, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.55% against the JPY and closed at 108.44. In the Asian session, at GMT0300, the pair is trading at 108.14, with the USD trading 0.28% lower against the … Continue reading →

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GBP/USD: UK’s BRC like-for-like retail sales climbed in May

Posted on June 9, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 2.25% against the USD and closed at 1.2735. In the Asian session, at GMT0300, the pair is trading at 1.2719, with the GBP trading 0.13% lower against the … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence index improved in June

Posted on June 9, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1295. On the macro front, Euro-zone’s Sentix investor confidence rose to -24.8 in June, due to the relaxation of measures to … Continue reading →

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