Daily Archives: July 17, 2020

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on July 17, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.46% against the USD and closed at USD40.83 per barrel, after the Organisation of the Petroleum Exporting Countries and its allies agreed to trim supply curbs and … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the Morning session

Posted on July 17, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.49% against the USD and closed at USD19.53 per ounce. In the Asian session, at GMT0300, the pair is trading at 19.44, with silver trading 0.49% lower against the … Continue reading →

Posted in Silver | Comments Off

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

Posted on July 17, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.92% against the USD and closed at USD1797.30 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1797.10, with … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie reverses its losses in the morning session

Posted on July 17, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.53% against the USD and closed at 0.6970. LME Copper prices declined 1.5% or $24.0/MT to $1,627.0/MT. Aluminium prices fell 1.9% or $122.0/MT to $6,385.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s ADP employment rose in June

Posted on July 17, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the CAD and closed at 1.3580. On the data front, Canada’s ADP employment increased by 1042.9K in June, compared to a revised fall of 2951.4K in … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on July 17, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9456. In the Asian session, at GMT0300, the pair is trading at 0.9454, with the USD trading slightly lower against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher in the Asian session

Posted on July 17, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the JPY and closed at 107.32. In the Asian session, at GMT0300, the pair is trading at 107.26, with the USD trading 0.06% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s unemployment rate remained steady in May

Posted on July 17, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.30% against the USD and closed at 1.2554. On the data front, UK’s ILO unemployment rate remained unchanged at 3.9% in three months ended May, less than market … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: ECB keeps interest rates on hold

Posted on July 17, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1384. On the macro front, Euro-zone’s trade surplus widened to £8.0 billion in May, amid easing of coronavirus-led lockdown restrictions and … Continue reading →

Posted in EUR/USD | Comments Off