Daily Archives: July 24, 2020

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

Posted on July 24, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.96% against the USD and closed at USD41.04 per barrel, as rising coronavirus cases and increasing US crude inventories stoked concerns over energy demand. In the Asian … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on July 24, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.91% against the USD and closed at USD22.84 per ounce. In the Asian session, at GMT0300, the pair is trading at 22.90, with silver trading 0.28% higher against the … Continue reading →

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Gold: Yellow metal trading a tad higher in the morning session

Posted on July 24, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.95% against the USD and closed at USD1887.20 per ounce, as the US dollar weakened and amid rising US-China trade tensions. In the Asian session, at GMT0300, the pair … Continue reading →

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AUD/USD: Australia’s Commonwealth Bank manufacturing PMI climbed in July,

Posted on July 24, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.50% against the USD and closed at 0.7107. LME Copper prices rose 0.1% or $6.5/MT to $6,533.5/MT. Aluminium prices climbed 0.6% or $10.0/MT to $1,661.0/MT. In the Asian … Continue reading →

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

Posted on July 24, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CAD and closed at 1.3401. In the Asian session, at GMT0300, the pair is trading at 1.3393, with the USD trading 0.06% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on July 24, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9251. In the Asian session, at GMT0300, the pair is trading at 0.9244, with the USD trading 0.08% lower against the … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the morning session

Posted on July 24, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the JPY and closed at 106.83. In the Asian session, at GMT0300, the pair is trading at 106.51, with the USD trading 0.30% lower against the … Continue reading →

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GBP/USD: UK’s GfK consumer confidence remained steady in July

Posted on July 24, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.2739. On the data front, UK’s CBI industrial trends survey order climbed to -46.0% on a monthly basis in July, less … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence deteriorated in July

Posted on July 24, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.1601. On the macro front, Euro-zone’s consumer confidence unexpectedly dropped to -15.0 in July, defying market expectations for a rise to … Continue reading →

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