Daily Archives: July 2, 2020

Crude Oil: Oil reverses its losses in the morning session

Posted on July 2, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.23% against the USD and closed at USD39.60 per barrel. The Energy Information Administration (EIA) reported that crude oil inventories fell by 7.2 million barrels for the … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 2, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.61% against the USD and closed at USD18.29 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.21, with silver trading 0.44% lower against the … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 2, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.05% against the USD and closed at USD1780.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 1776.50, with gold trading 0.21% lower against the … Continue reading →

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AUD/USD: Australia’s trade surplus unexpectedly narrowed in May,

Posted on July 2, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.23% against the USD and closed at 0.6918. LME Copper prices declined 0.4% or $21.5/MT to $6,016.5/MT. Aluminium prices fell 0.5% or $8.5/MT to $1,593.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the morning session

Posted on July 2, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.3583. In the Asian session, at GMT0300, the pair is trading at 1.3595, with the USD trading 0.09% higher against the … Continue reading →

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USD/CHF: Switzerland’s SVME Purchasing Managers’ Index unexpectedly dropped in June

Posted on July 2, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9457. On the data front, Switzerland’s SVME Purchasing Managers’ Index unexpectedly dropped to 41.9 in June, confounding market expectations for a … Continue reading →

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USD/JPY: Japan’s consumer confidence index unexpectedly rose in June

Posted on July 2, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the JPY and closed at 107.43. On the data front, Japan’s consumer confidence index unexpectedly rose to 28.4 in June, defying market consensus for a drop … Continue reading →

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GBP/USD: UK house prices fall for first time since 2012

Posted on July 2, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.69% against the USD and closed at 1.2478. On the data front, UK’s Markit manufacturing PMI rose to 50.1 in June, compared to a reading of 41.1 in … Continue reading →

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EUR/USD: Euro-zone’s Markit manufacturing PMI climbed in June

Posted on July 2, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1253. On the macro front, Euro-zone’s Markit manufacturing PMI climbed to 47.40 in June, compared to a level of 39.4 in … Continue reading →

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