Daily Archives: July 28, 2020

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Posted on July 28, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.26% against the USD and closed at USD41.72 per barrel, amid weakness in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 28, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver jumped 9.00% against the USD and closed at USD25.39 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 26.02, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on July 28, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold climbed 1.07% against the USD and closed at USD1965.50 per ounce, as the US dollar weakened and amid growing tensions between the US and China. In the Asian session, at … Continue reading →

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AUD/USD: Aussie trading a tad higher in the morning session

Posted on July 28, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.48% against the USD and closed at 0.7158. LME Copper prices rose 0.2% or $13.0/MT to $6,425.5/MT. Aluminium prices climbed 0.4% or $7.0/MT to $1,661.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on July 28, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD and closed at 1.3344. In the Asian session, at GMT0300, the pair is trading at 1.3356, with the USD trading 0.09% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on July 28, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9199. In the Asian session, at GMT0300, the pair is trading at 0.9209, with the USD trading 0.11% higher against the … Continue reading →

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USD/JPY: Japan’s leading economic index climbed in May

Posted on July 28, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 105.33. On the data front, Japan’s leading economic index climbed to 78.4 in May, compared to a reading of 77.7 in … Continue reading →

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GBP/USD: British Pound trading lower in the Asian session

Posted on July 28, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.2890. In the Asian session, at GMT0300, the pair is trading at 1.2878, with the GBP trading 0.09% lower against the … Continue reading →

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

Posted on July 28, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.60% against the USD and closed at 1.1760. On the macro front, Germany’s Ifo business climate climbed to 90.5 in July, more than market expectations for a rise … Continue reading →

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