Daily Archives: July 2, 2018

Crude Oil: Oil trading lower in the Asian session, amid rising Saudi output

Posted on July 2, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.35% against the USD and closed at USD74.29 per barrel on Friday, amid concerns that US sanctions against Iran would reduce a substantial volume of crude oil … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on July 2, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.53% against the USD and closed at USD16.15 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.09, … Continue reading →

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

Posted on July 2, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.25% against the USD and closed at USD1253.20 per ounce on Friday, amid weakness in greenback. In the Asian session, at GMT0300, the pair is trading at 1252.00, with … Continue reading →

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

Posted on July 2, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.71% against the USD and closed at 0.7401 on Friday. LME Copper prices declined 0.1% or $4.0/MT to $6646.0/MT. Aluminium prices rose 0.5% or $10.0/MT to $2183/MT. In … Continue reading →

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USD/CAD: Canada’s GDP beats expectations in April

Posted on July 2, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CAD and closed at 1.3149 on Friday. The Canadian dollar rose on Friday, after Canada’s gross domestic product (GDP) surprisingly rose in April. Data released … Continue reading →

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USD/CHF: Switzerland’s KOF leading indicator raised to a 3-month-high level in June

Posted on July 2, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.75% against the CHF and closed at 0.9900 on Friday. The Swiss Franc gained ground against the USD on Friday, after KOF economic barometer advanced above expectations to … Continue reading →

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USD/JPY: Japanese yen trading on a stronger footing this morning

Posted on July 2, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the JPY and closed at 110.72 on Friday. On Friday, data showed that Japan’s housing starts unexpectedly rose 1.3% on an annual basis in June, beating … Continue reading →

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GBP/USD: UK first quarter GDP growth revised up

Posted on July 2, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.96% against the USD and closed at 1.3202 on Friday, after UK’s economic growth was revised higher in the first quarter of 2018. Data showed that the nation’s … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on July 2, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.00% against the USD and closed at 1.1680 on Friday. In the economic news, the Euro-zone’s preliminary consumer price index climbed 2.0% on an annual basis in June, … Continue reading →

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