Daily Archives: June 11, 2019

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on June 11, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.48% against the USD and closed at USD53.34 per barrel, amid a possible delay in OPEC and its allies led output cuts. In the Asian session, at … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on June 11, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.84% against the USD and closed at USD14.69 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.70, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on June 11, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.16% against the USD and closed at USD1332.00 per ounce, after the US President, Donald Trump backed from his decision to impose trade tariffs on Mexico. In the Asian … Continue reading →

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AUD/USD: Australia’s NAB business confidence index advanced in May

Posted on June 11, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.32% against the USD and closed at 0.6961. LME Copper prices rose 0.3% or $18.0/MT to $5788.0/MT. Aluminium prices rose/declined 0.7% or $12.5/MT to $1720.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits surged beyond estimates in April

Posted on June 11, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3266. In economic news, Canada’s building permits surged 14.7% on a monthly basis in April, compared to a revised rise of … Continue reading →

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

Posted on June 11, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9896. In the Asian session, at GMT0300, the pair is trading at 0.9899, with the USD trading a tad higher against … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on June 11, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 108.43. In the Asian session, at GMT0300, the pair is trading at 108.61, with the USD trading 0.17% higher against the … Continue reading →

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GBP/USD: Britain’s economic growth contracted in April

Posted on June 11, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2689, after dismal economic data. On the data front, the nation’s total trade deficit narrowed to £2.74 billion in April, following … Continue reading →

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EUR/USD: Euro trading a tad higher in the Asian session

Posted on June 11, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1314. In the US, data showed that the JOLTs job openings unexpectedly fell to a level of 7449.0K in April, compared … Continue reading →

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