Daily Archives: July 17, 2018

Crude Oil: Oil trading higher, ahead of the API’s weekly crude oil inventories data

Posted on July 17, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.83% against the USD and closed at USD67.96 per barrel, as Libyan ports resumed export activities and traders eyed potential supply increases by Russia and other producers. … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on July 17, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.35% against the USD and closed at USD15.81 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.83, with silver … Continue reading →

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Gold: Yellow metal trading slightly lower in the morning session

Posted on July 17, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.19% against the USD and closed at USD1240.80 per ounce, as expectations of higher interest rates in the US weighed on the precious yellow metal. In the Asian session, … Continue reading →

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AUD/USD: Higher interest rates could affect indebted households: RBA meeting minutes

Posted on July 17, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.05% against the USD and closed at 0.7418. LME Copper prices declined 0.4% or $23.0/MT to $6143.0/MT. Aluminium prices rose 1.3% or $28.0/MT to $2130.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales rebounded in June

Posted on July 17, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.3138. On the data front, Canada’s existing home sales rebounded 4.1% on a monthly basis in June, following a drop of … Continue reading →

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

Posted on July 17, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9970. In economic news, Switzerland’s total sight deposits rose to a level of CHF576.1 billion in the week ended 13 July, … Continue reading →

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USD/JPY: Japanese yen trading lower in the morning session

Posted on July 17, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 112.31. In the Asian session, at GMT0300, the pair is trading at 112.42, with the USD trading 0.10% higher against the … Continue reading →

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GBP/USD: Sterling reverses its gains in the Asian session

Posted on July 17, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose a tad against the USD and closed at 1.3237. In the Asian session, at GMT0300, the pair is trading at 1.3235, with the GBP trading slightly lower against … Continue reading →

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

Posted on July 17, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1710. Macroeconomic data indicated that the Euro-zone’s seasonally adjusted trade surplus unexpectedly narrowed to €16.9 billion in May, after recording a … Continue reading →

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