Monthly Archives: June 2019

Gold: Yellow metal reverses its losses in the Asian session

Posted on June 12, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.12% against the USD and closed at USD1330.70 per ounce, amid profit booking. In the Asian session, at GMT0300, the pair is trading at 1336.00, with gold trading 0.40% … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence dropped in June

Posted on June 12, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD and closed at 0.6961. LME Copper prices rose 2.0% or $117.0/MT to $5905.0/MT. Aluminium prices rose 2.0% or $34.0/MT to $1754.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on June 12, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3283. In the Asian session, at GMT0300, the pair is trading at 1.3284, with the USD trading marginally higher against the … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher in the Asian session

Posted on June 12, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9925. Macroeconomic data indicated that Switzerland’s total sight deposits eased to a level of CHF578.1 billion in the week ended 07 … Continue reading →

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USD/JPY: Japan’s machinery orders unexpectedly climbed at its quickest pace in 6 months in April

Posted on June 12, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the JPY and closed at 108.54. Data revealed that Japan’s flash machine tool orders plunged 27.3% on an annual basis in May, following a fall of … Continue reading →

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GBP/USD: UK’s ILO unemployment rate remained unchanged at a 45-year low rate in February-April 2019

Posted on June 12, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.2723. On the data front, UK’s ILO unemployment rate remained unchanged at a 45-year low rate of 3.8% in the February-April … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence index declined in June

Posted on June 12, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1328. In economic news, Euro-zone’s Sentix investor confidence index fell to a level of -3.3 in June, surpassing market expectations for … Continue reading →

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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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