Monthly Archives: August 2018

Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count

Posted on August 31, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.62% against the USD and closed at USD70.08 per barrel, amid weekly declines in the US crude supplies and led by ongoing concerns over tighter global inventories … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on August 31, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.42% against the USD and closed at USD14.59 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.61, with silver … Continue reading →

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

Posted on August 31, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.54% against the USD and closed at USD1206.10 per ounce, amid broad strength in greenback. In the Asian session, at GMT0300, the pair is trading at 1208.00, with gold … Continue reading →

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AUD/USD: Aussie extends its losses in the Asian session

Posted on August 31, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.62% against the USD and closed at 0.7263. LME Copper prices rose 0.02% or $1.5/MT to $6066.5/MT. Aluminium prices rose 0.5% or $11.0/MT to $2127.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s economic growth advanced higher-than-anticipated in June

Posted on August 31, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2983. On the macro front, Canada’s gross domestic product (GDP) advanced 2.4% on an annual basis in June, higher than market … Continue reading →

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USD/CHF: Switzerland’s KOF economic barometer eased in August

Posted on August 31, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.9688. On the data front, Switzerland’s KOF economic barometer dipped to a level of 100.3 in August, following market expectations for … Continue reading →

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USD/JPY: Japan’s jobless rate unexpectedly advanced in July

Posted on August 31, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the JPY and closed at 111.04. In the Asian session, at GMT0300, the pair is trading at 111.03, with the USD trading a tad lower against … Continue reading →

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GBP/USD: UK’s net consumer credit grew at its slowest pace since November 2015 in August

Posted on August 31, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.11% against the USD and closed at 1.3010. Macroeconomic data showed that UK’s net consumer credit climbed £0.8 billion, rising at its slowest pace since November 2015 and … Continue reading →

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EUR/USD: Euro-zone’s economic confidence weakened for the eighth-consecutive month in August in August

Posted on August 31, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1663. On the macro front, the Euro-zone’s final consumer confidence index slid to a level of -1.9 in August, confirming the … Continue reading →

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Crude Oil: Oil reverses its gains in the Asian session

Posted on August 30, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at USD69.65 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell more than estimated … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 30, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver slightly rose against the USD and closed at USD14.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.76, with silver trading 0.27% lower against the … Continue reading →

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