Daily Archives: June 11, 2020

Crude Oil: Oil reverses its gains in the Asian session

Posted on June 11, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.42% against the USD and closed at USD38.69 per barrel, despite rise in crude inventories. The US Energy Information Administration (EIA) reported that crude oil inventories rose … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the Asian session

Posted on June 11, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.32% against the USD and closed at USD18.34 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.16, with silver trading 0.98% lower against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the morning session

Posted on June 11, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.56% against the USD and closed at USD1747.60 per ounce, after the US Federal Reserve signalled that it expects interest rates to remain near zero through 2022 and projected … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s consumer inflation expectations rose in June

Posted on June 11, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.32% against the USD and closed at 0.6995. LME Copper prices rose 2.1% or $120.5/MT to $5,801.0/MT. Aluminium prices climbed 3.1% or $48.0/MT to $1,613.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on June 11, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.78% against the CAD and closed at 1.3405. In the Asian session, at GMT0300, the pair is trading at 1.3427, with the USD trading 0.16% higher against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its gains in the morning

Posted on June 11, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.19% against the CHF and closed at 0.9427. In the Asian session, at GMT0300, the pair is trading at 0.9433, with the USD trading 0.06% higher against the … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on June 11, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.89% against the JPY and closed at 106.97. In the Asian session, at GMT0300, the pair is trading at 106.93, with the USD trading marginally lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s RICS housing price balance dropped to a 10-year low in May

Posted on June 11, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 2.13% against the USD and closed at 1.2750. In the Asian session, at GMT0300, the pair is trading at 1.2732, with the GBP trading 0.14% lower against the … Continue reading →

Posted in GBP/USD | Comments Off

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

Posted on June 11, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1382. The US dollar dropped against the euro, after the US Federal Reserve (Fed) signalled no hikes through 2022 and projected … Continue reading →

Posted in EUR/USD | Comments Off