Daily Archives: July 12, 2019

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

Posted on July 12, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD60.38 per barrel after Organization of the Petroleum Exporting Countries, in its monthly report trimmed its global demand forecast by … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 12, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.95% against the USD and closed at USD15.15 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.16, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on July 12, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.04% against the USD and closed at USD1407.00 per ounce. In the Asian session, at GMT0300, the pair is trading at 1410.10, with gold trading 0.22% higher against the … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on July 12, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.14% against the USD and closed at 0.6974. LME Copper prices rose 2.1% or $120.0/MT to $5925.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1807.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new housing price index remained flat in May

Posted on July 12, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3068. Data showed that Canada’s new housing price index remained flat on an annual basis in May, defying market anticipations for … Continue reading →

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

Posted on July 12, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9898. In the Asian session, at GMT0300, the pair is trading at 0.9896, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japan’s final industrial production declined more-than-expected in May

Posted on July 12, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the JPY and closed at 108.48. In economic news, Japan’s final industrial production fell 2.1% on an annual basis in May, more than market expectations for … Continue reading →

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GBP/USD: Sterling extends its gains in the Asian session

Posted on July 12, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2528. The Bank of England (BoE), in its semi-annual Financial Stability Report (FSR), warned that the increasing likelihood of a no-deal … Continue reading →

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EUR/USD: ECB hinted possibilities for further monetary policy easing

Posted on July 12, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1256. The European Central Bank, in the account of its latest policy meeting, indicated its readiness to provide fresh stimulus to … Continue reading →

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