Daily Archives: July 21, 2020

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

Posted on July 21, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.82% against the USD and closed at USD40.65 per barrel, as optimism over the development of a potential coronavirus vaccine offset concerns over energy demand. In the … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 21, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.46% against the USD and closed at USD20.35 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.41, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on July 21, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.60% against the USD and closed at USD1819.20 per ounce, as rising coronavirus cases around the world boosted demand for the safe haven metal. In the Asian session, at … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on July 21, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.59% against the USD and closed at 0.7018. Elsewhere in China, Australia’s largest trading partner, the People’s Bank of China (PBoC), in its interest rate decision, kept its … Continue reading →

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

Posted on July 21, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.3531. In the Asian session, at GMT0300, the pair is trading at 1.3518, with the USD trading 0.10% lower against the … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on July 21, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.939. In the Asian session, at GMT0300, the pair is trading at 0.9383, with the USD trading 0.07% lower against the … Continue reading →

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USD/JPY: Japan’s national consumer price index rose in June

Posted on July 21, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the JPY and closed at 107.25. In the Asian session, at GMT0300, the pair is trading at 107.2, with the USD trading 0.05% lower against the … Continue reading →

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GBP/USD: British Pound trading higher in the morning session

Posted on July 21, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.07% against the USD and closed at 1.2659. In the Asian session, at GMT0300, the pair is trading at 1.2676, with the GBP trading 0.13% higher against the … Continue reading →

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EUR/USD: Euro-zone’s current account unexpectedly surplus narrowed in May

Posted on July 21, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1448. On the macro front, Euro-zone’s current account surplus unexpectedly narrowed to €8.0 billion in May, defying market forecast for a … Continue reading →

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