Daily Archives: July 6, 2016

Crude Oil: Oil trading lower this morning

Posted on July 6, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.93% against the USD for the 24-hour period ending 23:00GMT, closing at 46.75, amid renewed concerns that the Brexit decision would hurt the fragile global economy, thus making it unlikely that demand will … Continue reading →

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

Posted on July 6, 2016 by GCI Financial

Silver Movement Silver prices declined 2.14% to USD 20.08 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 20.34, with the silver trading 1.32% higher from yesterday’s close, reversing its … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on July 6, 2016 by GCI Financial

Gold Movement Gold prices traded 0.48% higher against the USD in the 24-hour period ending 23:00GMT, at USD1358.70 per ounce, reversing its previous session losses, as the ongoing uncertainty following Britain’s vote to leave the European Union renewed investors’ appetite … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on July 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.14% against the USD and closed at 0.7445. LME Copper prices declined 1.62% or $79.5/MT to $4840.5/MT. Aluminium prices declined 1.75% or $29.0/MT to $1624.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower, ahead of Canada’s international merchandise trade data

Posted on July 6, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CAD and closed at 1.2997. In the Asian session, at GMT0300, the pair is trading at 1.3022, with the USD trading 0.19% higher against the … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on July 6, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CHF and closed at 0.9770. In the Asian session, at GMT0300, the pair is trading at 0.9779, with the USD trading 0.09% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on July 6, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.9% against the JPY and closed at 101.62. In the Asian session, at GMT0300, the pair is trading at 100.74, with the USD trading 0.87% lower against the … Continue reading →

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GBP/USD: BoE loosens reins for additional lending by British banks

Posted on July 6, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 2.12% against the USD and closed at a new 31-year low of 1.2994, amid renewed Brexit worries and after the release of downbeat UK services data. Yesterday, UK’s … Continue reading →

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EUR/USD: Euro trading lower, ahead of the ECB Chief’s speech

Posted on July 6, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1059. In economic news, the Euro zone’s retail sales rose in line with investor expectations by 0.4% MoM in May, recording … Continue reading →

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