Daily Archives: June 7, 2019

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

Posted on June 7, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.99% against the USD and closed at USD53.04 per barrel, as concerns about energy demand eased, on possible tariff delay on Mexican goods. In the Asian session, … Continue reading →

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Silver: White metal trading on stronger footing this morning

Posted on June 7, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.37% against the USD and closed at USD14.87 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.88, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on June 7, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.22% against the USD and closed at USD1339.80 per ounce, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1337.60, with … Continue reading →

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AUD/USD: Aussie trading a tad lower in the morning session

Posted on June 7, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.10% against the USD and closed at 0.6977. LME Copper prices rose 0.5% or $27.5/MT to $5805.0/MT. Aluminium prices declined 1.3% or $23.5/MT to $1742.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s Ivey PMI remained unchanged in May

Posted on June 7, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.3361. Data indicated that Canada’s seasonally adjusted Ivey PMI remained steady at a level of 55.9 in May. In the Asian … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on June 7, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.9913. In the Asian session, at GMT0300, the pair is trading at 0.9919, with the USD trading 0.06% higher against the … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the morning session

Posted on June 7, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 108.40. In the Asian session, at GMT0300, the pair is trading at 108.48, with the USD trading 0.07% higher against the … Continue reading →

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GBP/USD: Sterling trading slightly lower in the Asian session

Posted on June 7, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.05% against the USD and closed at 1.2697. Separately, the Bank of England Governor, Mark Carney, in his speech stated that gradual and limited rise in interest rates … Continue reading →

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EUR/USD: ECB left its key interest rate unchanged, delays rate hike

Posted on June 7, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.1278, after the European Central Bank (ECB) postponed its interest rate hike deadline. The ECB, in its June monetary policy meeting, … Continue reading →

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