Monthly Archives: June 2018

Crude Oil: Oil extends its gains in the Asian session

Posted on June 28, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.42% against the USD and closed at USD72.33 per barrel, after the Energy Information Administration (EIA) report indicated a massive drop in US crude oil stockpiles. The … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on June 28, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.37% against the USD and closed at USD16.15 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.17, with silver … Continue reading →

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

Posted on June 28, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.52% against the USD and closed at USD1254.30 per ounce, as strength in the greenback dampened demand for the safe haven asset. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on June 28, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.66% against the USD and closed at 0.7343. LME Copper prices declined 0.4% or $24.0/MT to $6688.0/MT. Aluminium prices rose 2.4% or $52.5/MT to $2204.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC Governor, Stephen Poloz, keeps markets guessing on July rate move

Posted on June 28, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.3331. Yesterday, the Bank of Canada Governor, Stephen Poloz, stated that the impact of US trade fight and tighter mortgage rules … Continue reading →

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USD/CHF: SNB maintains expansionary policy: Quarterly Bulletin

Posted on June 28, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CHF and closed at 0.9969. The Swiss National Bank (SNB), in its quarterly bulletin, signalled that the bank would remain active in the foreign exchange … Continue reading →

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USD/JPY: Japan’s retail trade retreated at its fastest pace in 21-months in May

Posted on June 28, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 110.24. In the Asian session, at GMT0300, the pair is trading at 110.17, with the USD trading 0.06% lower against the … Continue reading →

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GBP/USD: BoE warns over Brexit risks: Financial Stability Report

Posted on June 28, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.80% against the USD and closed at 1.3118. The Bank of England (BOE), in its Financial Stability Report (FSR), cautioned over the risks posed by Brexit to the … Continue reading →

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EUR/USD: Euro reverses its losses in the Asian session

Posted on June 28, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1560 The US dollar gained ground against the basket of currencies, after the US President Donald Trump called for softer restrictions … Continue reading →

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on June 27, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.55% against the USD and closed at USD70.62 per barrel, amid news that the US demanded all countries cut imports of Iranian oil to zero by November. … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on June 27, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.45% against the USD and closed at USD16.42 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.37, with silver … Continue reading →

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