Daily Archives: July 9, 2020

Crude Oil: Oil trading on a weaker footing this morning

Posted on July 9, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.29% against the USD and closed at USD40.92 per barrel, amid rise in US crude imports and signs of recovery in gasoline consumption in the US. Meanwhile, … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on July 9, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.96% against the USD and closed at USD19.16 per ounce. In the Asian session, at GMT0300, the pair is trading at 19.18, with silver trading 0.10% higher against the … Continue reading →

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Gold: Yellow metal trading a tad higher in the Asian session

Posted on July 9, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.69% against the USD and closed at USD1819.60 per ounce, as continuing concerns over global surge in coronavirus cases increased demand for the safe haven metal. In the Asian … Continue reading →

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AUD/USD: Aussie reverses its gains in the Asian session

Posted on July 9, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.53% against the USD and closed at 0.6983. LME Copper prices rose 1.8% or $108.0/MT to $6,194.0/MT. Aluminium prices climbed 1.4% or $22.5/MT to $1,619.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher in the Asian session

Posted on July 9, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CAD and closed at 1.3518. In the Asian session, at GMT0300, the pair is trading at 1.3515, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate unexpectedly fell in June

Posted on July 9, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.9384. On the data front, Switzerland’s unemployment rate unexpectedly fell to 3.3% in June, defying market consensus for a rise to … Continue reading →

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

Posted on July 9, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the JPY and closed at 107.28. In the Asian session, at GMT0300, the pair is trading at 107.30, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: UK’s RICS housing price balance rose more-than-expected in June

Posted on July 9, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.2610. On the data front, UK’s RICS housing price balance rose to -15.0% in June, more than market expectations for a … Continue reading →

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

Posted on July 9, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.1333. In the US, consumer credit dropped by $18.3 billion in May, more than market expectations and compared to a revised … Continue reading →

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