Daily Archives: June 10, 2020

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

Posted on June 10, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.78% against the USD and closed at USD38.15 per barrel, after the American Petroleum Institute (API) reported that crude oil inventories jumped by 8.4 million barrels to … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on June 10, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.17% against the USD and closed at USD17.75 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.84, with silver trading 0.51% higher against the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on June 10, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.99% against the USD and closed at USD1720.80 per ounce, amid decline in global equities. In the Asian session, at GMT0400, the pair is trading at 1723.60, with gold … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence rose in May

Posted on June 10, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.80% against the USD and closed at 0.6959. LME Copper prices rose 0.4% or $21.5/MT to $5,680.5/MT. Aluminium prices declined 0.3% or $4.0/MT to $1,565.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing this morning

Posted on June 10, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.88% against the CAD and closed at 1.3418. In the Asian session, at GMT0400, the pair is trading at 1.3396, with the USD trading 0.16% lower against the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate climbed in May

Posted on June 10, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.37% against the CHF and closed at 0.9506. On the data front, Switzerland’s unemployment rate rose to 3.4% on a monthly basis in May, less than market expectations … Continue reading →

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USD/JPY: Japan’s producer price index slid in May

Posted on June 10, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.14% against the JPY and closed at 107.79. In the Asian session, at GMT0300, the pair is trading at 107.67, with the USD trading 0.11% lower against the … Continue reading →

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GBP/USD: British Pound trading higher in the morning session

Posted on June 10, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 2.30% against the USD and closed at 1.2728. In the Asian session, at GMT0300, the pair is trading at 1.2738, with the GBP trading 0.08% higher against the … Continue reading →

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EUR/USD: Euro-zone’s economy contracted at its fastest pace in 1Q 2020

Posted on June 10, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1341. On the macro front, Euro-zone’s gross domestic product (GDP) declined 3.6% on a quarterly basis in the first quarter of … Continue reading →

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