Gold: Yellow metal extends its gains in the Asian session

Posted on August 9, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1221.30 per ounce, amid weakness in US dollar. In the Asian session, at GMT0300, the pair is trading at 1222.40, with gold … Continue reading →

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

Posted on August 9, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.15% against the USD and closed at 0.7431. LME Copper prices declined 0.3% or $19.0/MT to $6113.0/MT. Aluminium prices remain unchanged at $2022.0/MT. In the Asian session, at … Continue reading →

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USD/CAD: Canada’s building permits retreated in June

Posted on August 9, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.3018. Data showed that, Canada’s building permits retreated 2.3% on monthly basis in June, amid weakness in the residential sector and … Continue reading →

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

Posted on August 9, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9930. In the Asian session, at GMT0300, the pair is trading at 0.9926, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japan’s machinery orders declined sharply at its fastest pace in six months in June

Posted on August 9, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the JPY and closed at 110.90. In the Asian session, at GMT0300, the pair is trading at 110.79, with the USD trading 0.10% lower against the … Continue reading →

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GBP/USD: Sterling trading slightly higher in the Asian session

Posted on August 9, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.2883, amid lingering fears over no-deal Brexit. In the Asian session, at GMT0300, the pair is trading at 1.2885, with the … Continue reading →

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EUR/USD: Euro trading a tad higher in the Asian session

Posted on August 9, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1612. In the US, data revealed that mortgage applications slid 3.0% on a weekly basis in the week ended 03 August … Continue reading →

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

Posted on August 8, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.38% against the USD and closed at USD69.16 per barrel, after US re-imposed sanctions against Iran. The US Energy Information Administration lowered its 2019 forecast on the … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on August 8, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.42% against the USD and closed at USD15.39 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.41, with silver trading 0.10% higher against the … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the Asian session

Posted on August 8, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.17% against the USD and closed at USD1218.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 1220.40, with gold trading 0.13% higher against the … Continue reading →

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AUD/USD: Does not see a strong case for a near-term policy change: RBA Governor, Philip Lowe

Posted on August 8, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7420. LME Copper prices rose 1.5% or $92.0/MT to $6132.0/MT. Aluminium prices rose 1.3% or $26.0/MT to $2026.5/MT. In the Asian … Continue reading →

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