Daily Archives: June 6, 2018

Crude Oil: Oil trading on a stronger footing, ahead of EIA’s weekly crude oil stockpiles data

Posted on June 6, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.57% against the USD and closed at USD65.34 per barrel, amid reports that the US government asked Saudi Arabia and some other OPEC producers to increase oil … Continue reading →

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Silver: White metal extends gains in the morning session

Posted on June 6, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.52% against the USD and closed at USD16.51 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.53, with silver … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on June 6, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.42% against the USD and closed at USD1301.70 per ounce, as weakness in greenback increased demand for the safe haven asset. In the Asian session, at GMT0300, the pair … Continue reading →

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AUD/USD: Australia’s economy grows at fastest pace in nearly two years

Posted on June 6, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.51% against the USD and closed at 0.7613. LME Copper prices rose 0.52% or $36.0/MT to $6971/MT. Aluminium prices declined 0.43% or $10.0/MT to $2314.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on stronger footing this morning

Posted on June 6, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.2975. In the Asian session, at GMT0300, the pair is trading at 1.2946, with the USD trading 0.22% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s crucial inflation data

Posted on June 6, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CHF and closed at 0.9847. In the Asian session, at GMT0300, the pair is trading at 0.9839, with the USD trading 0.08% lower against the … Continue reading →

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USD/JPY: Japanese yen trading lower this morning

Posted on June 6, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the JPY and closed at 109.74. In the Asian session, at GMT0300, the pair is trading at 109.84, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: Growth in UK’s services sector climbed to a 3-month high in May

Posted on June 6, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.56% against the USD and closed at 1.3389, following upbeat in UK’s service data. On the macro front, UK’s services PMI jumped to a level of 54.0 in … Continue reading →

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EUR/USD: Growth in the Euro-zone’s service sector slowed to a 1.5 year low

Posted on June 6, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1714. In economic news, the Euro-zone’s final Markit services PMI dropped more than initially estimated to a level of 53.8 in … Continue reading →

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