Daily Archives: May 3, 2019

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

Posted on May 3, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.90% against the USD and closed at USD61.68 per barrel, after the expiry of US waivers on Iran oil sanctions and as an increase in domestic supplies … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on May 3, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.54% against the USD and closed at USD14.63 per ounce, led by losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.61, with … Continue reading →

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Gold: Yellow metal trading marginally higher in the Asian session

Posted on May 3, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.55% against the USD and closed at USD1271.70 per ounce, amid broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1272.20, with … Continue reading →

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AUD/USD: Australia’s building approvals plunged more-than-anticipated in March

Posted on May 3, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.27% against the USD and closed at 0.6999. In the Asian session, at GMT0300, the pair is trading at 0.6997, with the AUD trading a tad lower against … Continue reading →

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USD/CAD: Loonie trading a tad higher in the morning session

Posted on May 3, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3469. In the Asian session, at GMT0300, the pair is trading at 1.3466, with the USD trading slightly lower against the … Continue reading →

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USD/CHF: SVME manufacturing PMI unexpectedly contracted in April

Posted on May 3, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 1.0193. The Swiss Franc declined against the US dollar, amid dismal economic data Data showed that Switzerland’s SVME manufacturing PMI unexpectedly … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on May 3, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the JPY and closed at 111.52. In the Asian session, at GMT0300, the pair is trading at 111.49, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s construction PMI advanced beyond estimates in April

Posted on May 3, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.3033, after the Bank of England held its interest rate unchanged. The Bank of England in its latest monetary policy meeting, … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI contracted less-than-estimated in April

Posted on May 3, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1175. On the macro front, the Euro-zone’s final manufacturing PMI contracted to a level of 47.9 in April, compared to a … Continue reading →

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