Gold: Yellow metal reverses its losses in the morning session

Posted on August 20, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.72% against the USD and closed at USD1938.50 per ounce, as the US dollar strengthened and amid rise in Treasury yields. In the Asian session, at GMT0300, the pair … Continue reading →

Posted in Gold | Comments Off

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

Posted on August 20, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.83% against the USD and closed at 0.7186. LME Copper prices rose 2.7% or $174.5/MT to $6,667.0/MT. Aluminium prices climbed 0.8% or $13.5/MT to $1,746.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s consumer price inflation slowed in July

Posted on August 20, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.3211. On the data front, Canada’s consumer price inflation slowed to 0.1% on a yearly basis in July, more than consensus … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on August 20, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.26% against the CHF and closed at 0.9145. In the Asian session, at GMT0300, the pair is trading at 0.9152, with the USD trading 0.08% higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading lower in the morning session

Posted on August 20, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the JPY and closed at 106.03. In the Asian session, at GMT0300, the pair is trading at 106.08, with the USD trading 0.05% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s consumer price index rose to a 4-month high in July

Posted on August 20, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.01% against the USD and closed at 1.3112, amid concerns over Brexit and rising inflation. On the data front, UK’s consumer price index rose 1.0% on a yearly … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s consumer price index climbed in July

Posted on August 20, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.1849. On the macro front, Euro-zone’s consumer price index climbed 0.4% on a yearly basis in July, compared to a rise … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on August 19, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD42.68 per barrel. The American Petroleum Institute (API) reported that crude oil inventories fell by 4.3 million barrels for the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the Asian session

Posted on August 19, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.16% against the USD and closed at USD28.09 per ounce. In the Asian session, at GMT0300, the pair is trading at 27.87, with silver trading 0.78% lower against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Posted on August 19, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.10% against the USD and closed at USD2012.50 per ounce, as the US dollar weakened and amid rising tension between the US and China. In the Asian session, at … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s Westpac leading index rose in July

Posted on August 19, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7246. LME Copper prices rose 0.8% or $53.0/MT to $6,492.5/MT. Aluminium prices climbed 0.8% or $13.5/MT to $1,733.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off