Silver: White metal reverses its gains in the Asian session

Posted on August 3, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.10% to USD 14.72 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.7, with the silver trading 0.14% lower from Friday’s close. The … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on August 3, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.67% against the USD in the period ending 21:00GMT, at 1094.90 per ounce, amid a broad weakness in the greenback. Separately, gold holdings in the SPDR Gold Trust, remained unchanged at … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on August 3, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.28% against the USD to close at 0.7310. LME Copper prices declined 0.40% or $21.0/MT to $5220.0/MT. Aluminium prices declined 0.90% or $14.5/MT to $1594.0/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canadian economy shrank for the fifth consecutive month

Posted on August 3, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.59% against the CAD to close at 1.3082. The CAD lost ground, after Canada’s GDP growth contracted 0.2% on a monthly basis in May, following a drop of 0.1% in the previous month, … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s SVME PMI data

Posted on August 3, 2015 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.29% against the CHF and closed at 0.9663. In the Asian session, at GMT0300, the pair is trading at 0.9658, with the USD trading 0.06% lower from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: Japan’s factory activity quickened to five-month level in July

Posted on August 3, 2015 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.22% against the JPY and closed at 123.91. Data released indicated that housing starts in Japan rose more than expected by 16.3% on an annual basis in June, after it registered an increase … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of Britain’s manufacturing PMI data

Posted on August 3, 2015 by GCI Financial

GBPUSD Movement On Friday, the GBP marginally rose 0.11% against the USD and closed at 1.5613. In the Asian session, at GMT0300, the pair is trading at 1.5622, with the GBP trading a tad higher from Friday’s close. The pair … Continue reading →

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EUR/USD: Euro trading higher ahead of the Euro-zone’s CPI

Posted on July 31, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.0933. The greenback traded on a stronger footing, as the US economy picked up steam in the second quarter, after the … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on July 31, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.84% against the USD for the 24 hour period ending 23:00GMT, closing at 48.54, on continued concerns of global oil over-supply. In the Asian session, at GMT0300, the pair is trading at 48.24, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 31, 2015 by GCI Financial

Silver Movement Silver prices declined 0.61% to USD 14.71 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.65, with the silver trading 0.34% lower … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 31, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1087.60 per ounce, amid a broad strength in the greenback, after the US annualized GDP growth picked up speed in 2Q … Continue reading →

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