USD/JPY: Japan’s consumer confidence index unexpectedly rose in June

Posted on July 2, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the JPY and closed at 107.43. On the data front, Japan’s consumer confidence index unexpectedly rose to 28.4 in June, defying market consensus for a drop … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK house prices fall for first time since 2012

Posted on July 2, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.69% against the USD and closed at 1.2478. On the data front, UK’s Markit manufacturing PMI rose to 50.1 in June, compared to a reading of 41.1 in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s Markit manufacturing PMI climbed in June

Posted on July 2, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1253. On the macro front, Euro-zone’s Markit manufacturing PMI climbed to 47.40 in June, compared to a level of 39.4 in … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on July 1, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly declined against the USD and closed at USD39.69 per barrel, amid fears that resurgence in new coronavirus cases would hurt energy demand. In the Asian session, at … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on July 1, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.59% against the USD and closed at USD18.59 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.65, with silver trading 0.32% higher against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the morning session

Posted on July 1, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.73% against the USD and closed at USD1797.70 per ounce, as worries over rising COVID-19 cases increased demand for the safe haven asset. In the Asian session, at GMT0300, … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s AiG performance of manufacturing index climbed in June

Posted on July 1, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.44% against the USD and closed at 0.6902. LME Copper prices rose 1.4% or $81.0/MT to $6,038.0 /MT. Aluminium prices climbed 0.8% or $13.0/MT to $1,602.0/MT. In the … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s economy contracted on a monthly basis in April

Posted on July 1, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CAD and closed at 1.3575. On the data front, Canada’s gross domestic product (GDP) plunged 11.6% on a monthly basis in April, less than market … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s real retail sales rose in May

Posted on July 1, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CHF and closed at 0.9471. On the data front, Switzerland’s real retail sales jumped 6.6% on a yearly basis in May, compared to a revised … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s annualised housing starts fell in May

Posted on July 1, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the JPY and closed at 107.96. On the data front, Japan’s construction orders fell 6.1% on a yearly basis in May, compared to a drop of … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK economy suffers its largest fall in 41 years

Posted on July 1, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.69% against the USD and closed at 1.2392. On the data front, UK’s gross domestic product (GDP) dropped 2.2% on a quarterly basis in the first quarter of … Continue reading →

Posted in GBP/USD | Comments Off