EUR/USD: Euro-zone’s trade surplus narrowed in April

Posted on June 16, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.63% against the USD and closed at 1.1326. On the macro front, Euro-zone’s trade surplus narrowed to €1.2 billion in April, recording its lowest level since 2011 and … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on June 15, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.07% against the USD and closed at USD36.42 per barrel on Friday, after the Baker Hughes reported that US oil drilling rig count dropped by 7 to … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on June 15, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.07% against the USD and closed at USD17.59 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 17.46, with silver trading 0.74% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on June 15, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.21% against the USD and closed at USD1738.30 per ounce on Friday, amid worries over Federal Reserve’s grim growth outlook for the US and fresh wave of coronavirus cases … Continue reading →

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

Posted on June 15, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.67% against the USD and closed at 0.6858 on Friday. LME Copper prices declined 0.3% or $16.0/MT to $5,785.5/MT. Aluminium prices fell 1.4% or $22.0/MT to $1,560.0/MT. In … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on June 15, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.23% against the CAD and closed at 1.3594 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3630, with the USD trading 0.26% higher … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on June 15, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.21% against the CHF and closed at 0.9521 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9519, with the USD trading slightly lower … Continue reading →

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USD/JPY: Japan’s industrial production dropped in April

Posted on June 15, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.53% against the JPY and closed at 107.36 on Friday. On the data front, Japan’s industrial production dropped 9.8% on a monthly basis in April, compared to a … Continue reading →

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GBP/USD: UK’s economy contracted at its fastest pace in April

Posted on June 15, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.87% against the USD and closed at 1.2524 on Friday, on the back of dismal economic data. On the data front, UK’s gross domestic product (GDP) plunged 20.4% … Continue reading →

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EUR/USD: Euro-zone’s industrial production dropped in April

Posted on June 15, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1254 on Friday. On the macro front, Euro-zone’s industrial production dropped 17.1% on a monthly basis in April, less than market … Continue reading →

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on June 12, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.78% against the USD and closed at USD35.68 per barrel, as fears of resurgence in coronavirus cases stoked worries about demand for oil. In the Asian session, … Continue reading →

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