Daily Archives: July 4, 2016

Crude Oil: Oil reverses its gains in the morning session

Posted on July 4, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.55% against the USD for the 24-hour period ending 23:00GMT, closing at 49.20. However, gains in oil prices were capped after data showed that China’s manufacturing sector activity stalled in June, thus raising … Continue reading →

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Silver: White metal trading on a stronger footing in the Asian session

Posted on July 4, 2016 by GCI Financial

Silver Movement Silver prices rose 5.01% to USD 19.80 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.22, with the silver trading 2.15% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on July 4, 2016 by GCI Financial

Gold Movement Gold prices traded 1.42% higher against the USD in the 24-hour period ending 23:00GMT, at USD1342.30 per ounce, extending its gains for the third consecutive session, amid a broad weakness in the greenback. Separately, holdings in SPDR Gold … Continue reading →

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AUD/USD: Australian building approvals plummeted in May

Posted on July 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.62% against the USD to close at 0.7492. LME Copper prices declined 0.90% or $43.5 /MT to $4783.5 /MT. Aluminium prices rose 0.61% or $10.0 /MT to $1645.0 … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s RBC manufacturing PMI data

Posted on July 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD to close at 1.2908. In the Asian session, at GMT0300, the pair is trading at 1.2898, with the USD trading 0.08% lower against the … Continue reading →

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

Posted on July 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9732. In economic news, Switzerland’s real retail sales fell 1.6% YoY in May, following a revised 2.2% drop in the previous … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on July 4, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.58% against the JPY and closed at 102.55. In economic news, Japan’s consumer confidence index advanced above expectations to a five-month high level of 41.8 in June, from a … Continue reading →

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GBP/USD: British manufacturing PMI surprises on the upside in June

Posted on July 4, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.23% against the USD and closed at 1.3283. In economic news, UK’s Markit manufacturing PMI unexpectedly rose to a level of 52.1 in June, notching its highest level … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of the Euro-zone’s Sentix investor confidence index data

Posted on July 4, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1133, following the release of robust manufacturing PMI data from the Euro-zone and Germany. Data showed that the Euro-zone’s final Markit … Continue reading →

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