Daily Archives: June 30, 2020

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

Posted on June 30, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.58% against the USD and closed at USD39.70 per barrel, amid slight recovery in energy demand. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Silver: White metal trading flat in the morning session

Posted on June 30, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.52% against the USD and closed at USD18.12 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.12, with silver trading flat against the USD … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on June 30, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.10% against the USD and closed at USD1784.30 per ounce, as rapidly increasing coronavirus cases raised doubts over economic recovery. In the Asian session, at GMT0300, the pair is … Continue reading →

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AUD/USD: Australia’s private sector credit demand climbed in May

Posted on June 30, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD is flat against the USD and closed at 0.6872. LME Copper prices declined 0.5% or $28.5/MT to $5957.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1589.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits rebouned in May

Posted on June 30, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3658. On the data front, Canada’s building permits jumped 20.2% on a monthly basis in May, compared to a revised drop … Continue reading →

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

Posted on June 30, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9512. In the Asian session, at GMT0300, the pair is trading at 0.9514, with the USD trading slightly higher against the … Continue reading →

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USD/JPY: Japan’s industrial production plunged in May

Posted on June 30, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the JPY and closed at 107.58. In the Asian session, at GMT0300, the pair is trading at 107.78, with the USD trading 0.19% higher against the … Continue reading →

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GBP/USD: UK’s consumer credit more-than-expected fell in May

Posted on June 30, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.38% against the USD and closed at 1.2307, amid concerns over how the British government will pay for its planned big infrastructure programme. On the data front, UK’s … Continue reading →

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EUR/USD: Euro-zone’s business climate unexpectedly advanced in June

Posted on June 30, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1245, following upbeat economic data. On the macro front, Euro-zone’s business climate unexpectedly advanced to -2.3 in June, defying market expectations … Continue reading →

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