Daily Archives: May 27, 2020

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on May 27, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.30% against the USD and closed at USD33.96 per barrel, amid production cuts by major oil producer and as fuel demand recovered with easing of coronavirus restrictions. … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on May 27, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.57% against the USD and closed at USD17.53 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.54, with silver trading marginally higher against the … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on May 27, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.08% against the USD and closed at USD1725.60 per ounce, amid easing of lockdowns restrictions and optimism over a potential coronavirus vaccine. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Aussie extends its losses in the Asian session

Posted on May 27, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.71% against the USD and closed at 0.6648. LME Copper prices rose 1.9% or $99.0/MT to $5,341.5/MT. Aluminium prices climbed 0.9% or $13.0/MT to $1,486.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower in the Asian session

Posted on May 27, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.68% against the CAD and closed at 1.3783. In the Asian session, at GMT0300, the pair is trading at 1.3787, with the USD trading marginally higher against the … Continue reading →

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USD/CHF: Switzerland’s trade surplus widened in April

Posted on May 27, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9654. On the data front, Switzerland’s trade surplus widened to CHF4.04 million in April, following a revised surplus of CHF3.96 million … Continue reading →

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USD/JPY: Japanese Yen trading a tad higher in the morning session

Posted on May 27, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.40% against the JPY and closed at 107.51. In the Asian session, at GMT0300, the pair is trading at 107.50, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s CBI distributive trade survey’s retail sales balance rose in May

Posted on May 27, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.32% against the USD and closed at 1.2335. On the data front, UK’s CBI distributive trades survey’s retail sales balance rose to -50.0% in May, in line with … Continue reading →

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EUR/USD: Euro reverses its gains in the morning session

Posted on May 27, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.79% against the USD and closed at 1.0982. On the macro front, Germany’s GfK consumer confidence survey climbed to -18.9 in June, in line with market expectations and … Continue reading →

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