Daily Archives: August 11, 2020

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

Posted on August 11, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.86% against the USD and closed at USD42.03 per barrel, amid positive comments from Saudi Arabia’s Aramco CEO Amin Nasser on oil demand and followed by upbeat … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on August 11, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 4.08% against the USD and closed at USD29.21 per ounce. In the Asian session, at GMT0400, the pair is trading at 29.045, with silver trading 0.55% lower against the … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on August 11, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.15% against the USD and closed at USD2036.80 per ounce, as the US dollar strengthened. In the Asian session, at GMT0300, the pair is trading at 2027.30, with gold … Continue reading →

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AUD/USD: Australia’s NAB business confidence index dropped in July

Posted on August 11, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.7150. LME Copper prices declined 1.2% or $74.0/MT to $6,363.0/MT. Aluminium prices fell 0.8% or $14.0/MT to $1,730.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on August 11, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3358. In the Asian session, at GMT0300, the pair is trading at 1.3334, with the USD trading 0.18% lower against the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained steady in June

Posted on August 11, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CHF and closed at 0.9155. On the data front, Switzerland’s unemployment rate remained unchanged at 3.3% in June. In the Asian session, at GMT0300, the … Continue reading →

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USD/JPY: Japan’s trade surplus narrowed in June

Posted on August 11, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 105.95. In the Asian session, at GMT0300, the pair is trading at 106.06, with the USD trading 0.10% higher against the … Continue reading →

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GBP/USD: UK’s BRC like-for-like retail sales climbed in June

Posted on August 11, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3074. In the Asian session, at GMT0300, the pair is trading at 1.3086, with the GBP trading 0.09% higher against the … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence index rose in August

Posted on August 11, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1741. On the macro front, Euro-zone’s Sentix investor confidence index rose to -13.4 in August, recording its highest level since February … Continue reading →

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