Monthly Archives: June 2020

Gold: Yellow metal extends its losses in the Asian session

Posted on June 12, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.81% against the USD and closed at USD1733.9 per ounce. In the Asian session, at GMT0300, the pair is trading at 1733.00, with gold trading 0.05% lower against the … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on June 12, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.93% against the USD and closed at 0.6840. LME Copper prices marginally rose or $0.5/MT to $5,801.5/MT. Aluminium prices declined 2.0% or $31.5/MT to $1,582.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on June 12, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.52% against the CAD and closed at 1.3631, as investors reassessed the prospects of global economy recovery from the coronavirus crisis. In the Asian session, at GMT0300, the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on June 12, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.04% against the CHF and closed at 0.9441. In the Asian session, at GMT0300, the pair is trading at 0.9446, with the USD trading 0.05% higher against the … Continue reading →

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

Posted on June 12, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 3.00% against the JPY and closed at 106.84. In the Asian session, at GMT0300, the pair is trading at 106.85, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: British Pound trading on a weaker footing this morning

Posted on June 12, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.42% against the USD and closed at 1.2583. In the Asian session, at GMT0300, the pair is trading at 1.2564, with the GBP trading 0.15% lower against the … Continue reading →

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

Posted on June 12, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.1296. In the US, the producer price index rose 0.4% on a monthly basis in May, driven by rise in food … Continue reading →

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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 →

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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 →

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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 →

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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 →

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