Crude Oil: Oil trading lower, ahead of API’s weekly crude oil stockpiles data

Posted on July 7, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.62% against the USD and closed at USD40.63 per barrel, amid news that Saudi Arabia has decided to raise the premium of its benchmark grade crude, and … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on July 7, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.92% against the USD and closed at USD18.63 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.54, with silver trading 0.48% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on July 7, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.77% against the USD and closed at USD1795.60 per ounce, as the US Dollar weakened and amid rising coronavirus cases. In the Asian session, at GMT0300, the pair is … Continue reading →

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AUD/USD: Australia’s AiG performance of services index fell in June

Posted on July 7, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.6977. LME Copper prices rose 1.5% or $89.5/MT to $6,112.0/MT. Aluminium prices climbed 0.7% or $11.5/MT to $1,593.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the morning session

Posted on July 7, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3538. In the Asian session, at GMT0300, the pair is trading at 1.3549, with the USD trading 0.08% higher against the … Continue reading →

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

Posted on July 7, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 0.9420. In the Asian session, at GMT0300, the pair is trading at 0.9426, with the USD trading 0.06% higher against the … Continue reading →

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USD/JPY: Japan’s overall household spending dropped at its fastest pace in May

Posted on July 7, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the JPY and closed at 107.35. In the Asian session, at GMT0300, the pair is trading at 107.37, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: UK’s construction activity grows at fastest pace in nearly two years

Posted on July 7, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.2494, after UK’s construction sector activity rebounded. On the data front, UK’s Markit construction PMI advanced at its fastest pace in … Continue reading →

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EUR/USD: Euro-zone’s investor confidence improved for the third straight month in July

Posted on July 7, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1313. On the macro front, Euro-zone’s Sentix investor confidence rose to -18.2 in July, less than market expectations for rise to … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on July 6, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.05% against the USD and closed at USD40.32 per barrel on Friday, amid worries over increasing coronavirus cases in the US. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on July 6, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.25% against the USD and closed at USD18.31 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 18.3, with silver trading 0.05% lower … Continue reading →

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