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

Posted on August 21, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD42.82 per barrel, following major oil producers’ commitments to hold back output. In the Asian session, at GMT0300, the pair … Continue reading →

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Silver; White metal trading on a weaker footing this morning

Posted on August 21, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.11% against the USD and closed at USD27.64 per ounce. In the Asian session, at GMT0300, the pair is trading at 27.6, with silver trading 0.14% lower against the … Continue reading →

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Gold: Yellow metal reverses it gains in the Asian session

Posted on August 21, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.73% against the USD and closed at USD1956.6. per ounce, as weak US jobs data stoked worries about slow economic recovery. In the Asian session, at GMT0300, the pair … Continue reading →

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AUD/USD: Australia’s retail sales climbed in July

Posted on August 21, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.18% against the USD and closed at 0.7199. LME Copper prices declined 1.1% or $72.5/MT to $6,594.5/MT. Aluminium prices rose 0.5% or $9.0/MT to $ ,755.5/MT. In the … Continue reading →

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

Posted on August 21, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD and closed at 1.3179. In the Asian session, at GMT0300, the pair is trading at 1.3168, with the USD trading 0.08% lower against the … Continue reading →

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USD/CHF: Switzerland’s trade surplus widened in July

Posted on August 21, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.80% against the CHF and closed at 0.9072. In economic news, Switzerland’s trade surplus widened to CHF3.4 billion in July, compared to a revised surplus of CHF3.2 billion … Continue reading →

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

Posted on August 21, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the JPY and closed at 105.74. In the Asian session, at GMT0300, the pair is trading at 105.67, with the USD trading 0.07% lower against the … Continue reading →

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GBP/USD: British Pound extends its gains in the Asian session

Posted on August 21, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.83% against the USD and closed at 1.3221. In the Asian session, at GMT0300, the pair is trading at 1.3231, with the GBP trading 0.08% higher against the … Continue reading →

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EUR/USD: Eurozone’s construction output rose in June

Posted on August 21, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1867. On the macro front, Eurozone’s seasonally adjusted construction output advanced 4.0% on a monthly basis in June, compared to a … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on August 20, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD42.75 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories fell by 1.6 million barrels to … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on August 20, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.63% against the USD and closed at USD27.07 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 27.12, with silver … Continue reading →

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