Silver: White metal reverses its losses in the morning session

Posted on August 13, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.08% against the USD and closed at USD25.47 per ounce. In the Asian session, at GMT0300, the pair is trading at 25.98, with silver trading 1.98% higher against the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on August 13, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1929.30 per ounce, as the US dollar weakened. In the Asian session, at GMT0300, the pair is trading at 1946.10, with gold … Continue reading →

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AUD/USD: Australia’s consumer inflation expectations climbed in August

Posted on August 13, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.18% against the USD and closed at 0.7160. LME Copper prices rose 0.4% or $22.5/MT to $6,379.0 /MT. Aluminium prices climbed 0.3% or $4.5/MT to $1,754.0/MT. In the … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on August 13, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD and closed at 1.3249. In the Asian session, at GMT0300, the pair is trading at 1.3235, with the USD trading 0.11% lower against the … Continue reading →

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

Posted on August 13, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CHF and closed at 0.9122. In the Asian session, at GMT0300, the pair is trading at 0.9105, with the USD trading 0.19% lower against the … Continue reading →

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USD/JPY: Japan’s producer price index rose in July

Posted on August 13, 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 106.86. In the Asian session, at GMT0300, the pair is trading at 106.70, with the USD trading 0.15% lower against the … Continue reading →

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GBP/USD: UK’s economy contracted in the 2Q 2020

Posted on August 13, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.3036, after Britain’s economy entered into recession. On the data front, UK’s gross domestic product plunged 20.4% on a quarterly basis … Continue reading →

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EUR/USD: Euro-zone’s industrial production grew less than expected in June

Posted on August 13, 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 1.1787. On the macro front, Euro-zone’s industrial production rose 9.1% on a monthly basis in June, less than market expectations for … Continue reading →

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

Posted on August 12, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.09% against the USD and closed at USD41.57 per barrel. In the Asian session, at GMT0300, the pair is trading at 41.66, with oil trading 0.22% higher … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on August 12, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 12.72% against the USD and closed at USD25.49 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 24.03, with silver … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on August 12, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 5.39% against the USD and closed at USD1928.2 per ounce, as demand for the safe haven asset was dented due to hopes for vaccine against the coronavirus, and amid … Continue reading →

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