Daily Archives: August 10, 2020

Crude Oil: Oil trading higher in the morning session

Posted on August 10, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.26% against the USD and closed at USD41.51 per barrel on Friday, amid rising tensions between the US and China and resurgence in coronavirus cases. Meanwhile, Baker … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 10, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 4.69% against the USD and closed at USD28.15 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 28.09, with silver trading 0.20% lower … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on August 10, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.99% against the USD and closed at USD2042.00 per ounce on Friday, as the US dollar rebounded and following better-than-expected US jobs data. In the Asian session, at GMT0300, … Continue reading →

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

Posted on August 10, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.11% against the USD and closed at 0.7154 on Friday. LME Copper prices declined 0.3% or $16.5/MT to $6,437.0/MT. Aluminium prices rose 1.3% or $22.0/MT to $1,744.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate fell in July

Posted on August 10, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.3382 on Friday. On the data front, Canada’s unemployment rate fell to 10.9% in July, compared to a rate to 12.3% … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on August 10, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9131 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9134, with the USD trading slightly higher … Continue reading →

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

Posted on August 10, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the JPY and closed at 105.96 on Friday. On the data front, Japan’s leading economic index climbed to 85.0 in June, more than market forecast for … Continue reading →

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GBP/USD: UK house prices increased for the first time in five months in July

Posted on August 10, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.64% against the USD and closed at 1.3060 on Friday. On the data front, UK’s Halifax house prices rose 1.6% on a monthly basis in the three months … Continue reading →

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EUR/USD: Euro trading a tad higher in the morning session

Posted on August 10, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1787 on Friday. On the macro front, Germany’s trade surplus widened to €14.5 billion in June, more than market expectations for … Continue reading →

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