Monthly Archives: June 2020

Silver: White metal trading on a stronger footing this morning

Posted on June 22, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.89% against the USD and closed at USD18.02 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 18.26, with silver trading 1.36% higher … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on June 22, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.33% against the USD and closed at USD1754 per ounce on Friday, amid fears that growing coronavirus cases would force governments to impose new lockdown restrictions. In the Asian … Continue reading →

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AUD/USD: Aussie reverses its losses in the morning session

Posted on June 22, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.6844 on Friday. LME Copper prices rose 0.6% or $36.5/MT to $5,835.5/MT. Aluminium prices declined 0.5% or $8.5/MT to $1,578.0/MT. In … Continue reading →

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USD/CAD: Canada’s retail sales plunged in April

Posted on June 22, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.3609 on Friday. On the data front, Canada’s retail sales plunged 26.4% on a monthly basis in April, more than market … Continue reading →

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USD/CHF: Swiss Franc trading flat in the morning session

Posted on June 22, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9521 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9521, with the USD trading flat against … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on June 22, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the JPY and closed at 106.82 on Friday. In the Asian session, at GMT0300, the pair is trading at 106.88, with the USD trading 0.06% higher … Continue reading →

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GBP/USD: UK’s public sector net borrowing deficit widened in May

Posted on June 22, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.56% against the USD and closed at 1.2356 on Friday, after data indicated that government borrowing hit a record high level stoking concerns about economic recovery. On the … Continue reading →

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EUR/USD: Euro-zone’s current account surplus narrowed to a 3-year low level in April

Posted on June 22, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1184 on Friday. On the macro front, Euro-zone’s current account unexpectedly surplus narrowed to €14.4 billion in April, recording its lowest … Continue reading →

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

Posted on June 19, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.82% against the USD and closed at USD39.09 per barrel, after the Organisation of the Petroleum Exporting Countries and its allies recommended countries such as Iraq and … Continue reading →

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Silver: White metal trading marginally lower in the Asian session

Posted on June 19, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.11% against the USD and closed at USD17.68 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.675, with silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on June 19, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.36% against the USD and closed at USD1730.00 per ounce, as a drop in US initial jobless claims and news that Beijing was bringing its latest coronavirus outbreak under … Continue reading →

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