Daily Archives: July 11, 2019

Crude Oil: Oil trading on a positive footing this morning

Posted on July 11, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.30% against the USD and closed at USD60.42 per barrel, after the US Energy Information Administration (EIA) report revealed that crude supplies fell by 9.5 million barrels … Continue reading →

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Silver: White metal trading a tad higher in the morning session

Posted on July 11, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.09% against the USD and closed at USD15.29 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.295, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on July 11, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.75% against the USD and closed at USD1421.70 per ounce, amid broad weakness in the US dollar, following dovish comments by the US Fed Chairman. In the Asian session, … Continue reading →

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

Posted on July 11, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.52% against the USD and closed at 0.6964. LME Copper prices remained flat at $5805.0/MT. Aluminium prices rose 1.6% or $28.5/MT to $1811.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie rises following BoC’s policy decision

Posted on July 11, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD and closed at 1.3076. The Canadian dollar climbed yesterday, after the Bank of Canada (BoC) in its policy meeting indicated that it had no … Continue reading →

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USD/CHF: Swiss Franc trading higher in the morning session

Posted on July 11, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9883. In the Asian session, at GMT0300, the pair is trading at 0.9859, with the USD trading 0.24% lower against the … Continue reading →

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

Posted on July 11, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the JPY and closed at 108.35. In the Asian session, at GMT0300, the pair is trading at 107.94, with the USD trading 0.38% lower against the … Continue reading →

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GBP/USD: UK GDP rises as expected in May

Posted on July 11, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.2509, following an improvement in UK’s economic growth. In the UK, gross domestic product (GDP) rose 0.3% on a monthly basis … Continue reading →

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EUR/USD: Fed Chairman hints at a near term rate cut

Posted on July 11, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1258. The US dollar declined against its major peers, following Federal Reserve Chairman, Jerome Powell’s dovish comments on the monetary policy. … Continue reading →

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