Monthly Archives: August 2018

Gold: Yellow metal reverses its gains in the morning session

Posted on August 30, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.39% against the USD and closed at USD1212.90 per ounce. In the Asian session, at GMT0300, the pair is trading at 1211.10, with gold trading 0.15% lower against the … Continue reading →

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AUD/USD: Australia’s building approvals declined sharply in August

Posted on August 30, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.41% against the USD and closed at 0.7308. LME Copper prices declined 0.9% or $53.0/MT to $6065.0/MT. Aluminium prices rose 1.3% or $28.0/MT to $2116.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s current account narrowed less than market expectations in 2Q

Posted on August 30, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.2912. Data revealed that, Canada’s current account deficit narrowed less than expected to C$15.9 billion in 2Q 2018, following a revised … Continue reading →

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USD/CHF: Swiss Franc trading flat in the morning session

Posted on August 30, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 0.9706. In the Asian session, at GMT0300, the pair is trading at 0.9706, with the USD trading flat against the CHF … Continue reading →

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USD/JPY: Japan’s consumer confidence slid to its lowest level in 12-months in August

Posted on August 30, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the JPY and closed at 111.73. In the economic news, Japan’s consumer confidence index dipped to a 12-month low level of 43.3 in August, meeting market … Continue reading →

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

Posted on August 30, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.19% against the USD and closed at 1.3024, after the European Union’s Brexit negotiator, Michel Barnier stated that EU will offer Britain a unique trade deal. In the … Continue reading →

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EUR/USD: Euro trading a tad lower in the Asian session

Posted on August 30, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1707. On the data front, Germany’s Gfk consumer confidence index unexpectedly slid to a level of 10.5 in September, defying market … Continue reading →

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Crude Oil: Oil trading flat in the Asian session

Posted on August 29, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.61% against the USD and closed at USD68.57 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories increased by 38.0K barrels to … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on August 29, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.17% against the USD and closed at USD14.80 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.81, with silver … Continue reading →

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

Posted on August 29, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.74% against the USD and closed at USD1208.00 per ounce, as the US treasuries rose, following the US-Mexico trade agreement. In the Asian session, at GMT0300, the pair is … Continue reading →

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

Posted on August 29, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.15% against the USD and closed at 0.7338. LME Copper prices rose 1.9% or $117.0/MT to $6118.0/MT. Aluminium prices rose 1.3% or $26.0/MT to $2088.0/MT. In the Asian … Continue reading →

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