Daily Archives: August 12, 2020

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on August 12, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.09% against the USD and closed at USD41.57 per barrel. In the Asian session, at GMT0300, the pair is trading at 41.66, with oil trading 0.22% higher … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on August 12, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 12.72% against the USD and closed at USD25.49 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 24.03, with silver … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on August 12, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 5.39% against the USD and closed at USD1928.2 per ounce, as demand for the safe haven asset was dented due to hopes for vaccine against the coronavirus, and amid … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence deteriorated in August

Posted on August 12, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7147. LME Copper prices declined 0.1% or $6.5/MT to $6,356.5/MT. Aluminium prices rose 1.1% or $19.5/MT to $1,749.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts unexpectedly climbed in July

Posted on August 12, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD and closed at 1.3302. On the data front, Canada’s housing starts unexpectedly climbed to 245.6K on a yearly basis in July, defying market expectations … Continue reading →

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

Posted on August 12, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9168. In the Asian session, at GMT0300, the pair is trading at 0.9191, with the USD trading 0.25% higher against the … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the Asian session

Posted on August 12, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the JPY and closed at 106.49. In the Asian session, at GMT0300, the pair is trading at 106.71, with the USD trading 0.21% higher against the … Continue reading →

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GBP/USD: UK’s ILO unemployment rate remained steady in June

Posted on August 12, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.13% against the USD and closed at 1.3057. On the data front, UK’s ILO unemployment rate remained unchanged at 3.9% in the three months ended June. On the … Continue reading →

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EUR/USD: Euro-zone’s ZEW survey economic sentiment index climbed in August

Posted on August 12, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1743. On the macro front, the Euro-zone ZEW survey economic sentiment index climbed to 64.0 in August, more than market forecast … Continue reading →

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