Daily Archives: July 20, 2020

Crude Oil: Oil extends its losses in the morning session

Posted on July 20, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.59% against the USD and closed at USD40.59 per barrel on Friday, amid worries that increasing Covid-19 cases could result more economic shutdown and decrease demand for … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on July 20, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.13% against the USD and closed at USD19.75 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 19.71, with silver trading 0.23% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on July 20, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.79% against the USD and closed at USD1812.00 per ounce on Friday, as rising Covid-19 cases in the US raised uncertainty about the economic recovery, thereby increasing the demand … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on July 20, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7002 on Friday. LME Copper prices rose 1.1% or $69.5/MT to $6,454.5/MT. Aluminium prices declined 0.6% or $9.0/MT to $1,618.0/MT. In … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on July 20, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3579 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3593, with the USD trading 0.10% higher … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on July 20, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CHF and closed at 0.9381 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9402, with the USD trading 0.22% higher … Continue reading →

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USD/JPY: Japan’s adjusted merchandise trade deficit narrowed in June

Posted on July 20, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the JPY and closed at 106.96 on Friday. On the data front, Japan’s adjusted merchandise trade deficit narrowed to ¥423.9 billion in June, less than market … Continue reading →

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GBP/USD: British Pound reverses its gains in the morning session

Posted on July 20, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.2572 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2522, with the GBP trading 0.40% lower … Continue reading →

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EUR/USD: Euro-zone’s consumer price index rose in June

Posted on July 20, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.48% against the USD and closed at 1.1439 on Friday. On the macro front, Euro-zone’s consumer price index rose 0.3% in June, compared to a drop of 0.1% … Continue reading →

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