Monthly Archives: May 2019

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

Posted on May 31, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.41% against the USD and closed at USD56.59 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell less than expected … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on May 31, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.69% against the USD and closed at USD14.50 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.46, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 31, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.65% against the USD and closed at USD1292.9 per ounce. In the Asian session, at GMT0300, the pair is trading at 1295.50, with gold trading 0.20% higher against the … Continue reading →

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AUD/USD: Australia’s private sector credit advanced less than estimated in April

Posted on May 31, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.6913. LME Copper prices declined 0.7% or $41.5/MT to $5823.0/MT. Aluminium prices declined 0.5% or $8.0/MT to $1762.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on May 31, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3495. Data showed that Canada’s CFIB business barometer climbed to a level of 59.7 in May, compared to a level of … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on May 31, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 1.0076. In the Asian session, at GMT0300, the pair is trading at 1.0056, with the USD trading 0.20% lower against the … Continue reading →

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USD/JPY: Japan’s unemployment rate fell for the first time in 2-months in April

Posted on May 31, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 109.58. In the Asian session, at GMT0300, the pair is trading at 109.24, with the USD trading 0.31% lower against the … Continue reading →

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GBP/USD: British Pound reverses its losses in the morning session

Posted on May 31, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.15% against the USD and closed at 1.2610, amid ongoing Brexit uncertainties. In the Asian session, at GMT0300, the pair is trading at 1.2612, with the GBP trading … Continue reading →

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

Posted on May 31, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1133. In the US, data showed that the second estimate of annualised gross domestic product (GDP) advanced 3.1% on a quarterly … Continue reading →

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Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Posted on May 30, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.51% against the USD and closed at USD59.20 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories declined by 5.3 million barrels … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 30, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.56% against the USD and closed at USD14.40 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.35, with silver … Continue reading →

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