Daily Archives: May 4, 2017

Crude Oil: Oil reverses its losses in the morning session

Posted on May 4, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.92% against the USD and closed at USD47.64 per barrel, on the back of disappointing EIA inventories data. The Energy Information Administration (EIA) disclosed that US crude … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on May 4, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.22% against the USD and closed at USD16.49 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.57, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 4, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.44% against the USD and closed at USD1238.90 per ounce, amid a broad strength in the greenback after the US Fed hinted that it could tighten monetary policy as … Continue reading →

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AUD/USD: Australia’s trade surplus sharply narrowed in March

Posted on May 4, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.49% against the USD and closed at 0.7426. LME Copper prices declined 1.9% or $110.0/MT to $5636.5/MT. Aluminium prices rose 0.4% or $7.0/MT to $1916.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the morning session

Posted on May 4, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3729. In the Asian session, at GMT0300, the pair is trading at 1.3721, with the USD trading 0.06% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower, ahead of Swiss SECO consumer confidence data

Posted on May 4, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9942. In the Asian session, at GMT0300, the pair is trading at 0.9944, with the USD trading slightly higher against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on May 4, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the JPY and closed at 112.68. In the Asian session, at GMT0300, the pair is trading at 112.77, with the USD trading 0.08% higher against the … Continue reading →

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GBP/USD: UK’s construction sector growth surprisingly hits 4-month high in April

Posted on May 4, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.53% against the USD and closed at 1.2868. Macroeconomic data indicated that activity in Britain’s construction sector unexpectedly advanced to a level of 53.1 in April, hitting its … Continue reading →

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EUR/USD: Euro-zone’s economy continued to grow in the first quarter of 2017

Posted on May 4, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0888. On the economic front, the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose 0.5% on a quarterly basis in … Continue reading →

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