Daily Archives: May 16, 2019

Crude Oil: Oil trading higher in the Asian session

Posted on May 16, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.47% against the USD and closed at USD62.20 per barrel, amid escalating tensions in the Middle East. Separately, the Energy Information Administration (EIA) report indicated that US … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 16, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD14.81 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.77, with silver trading 0.24% lower against the … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on May 16, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly declined against the USD and closed at USD1297.30 per ounce, amid strength in the US equities. In the Asian session, at GMT0300, the pair is trading at 1295.90, with … Continue reading →

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AUD/USD: Australia’s unemployment rate surprisingly rose to its highest level since August 2018 in April

Posted on May 16, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.16% against the USD and closed at 0.6930. LME Copper prices declined 0.1% or $5.0/MT to $6002.0/MT. Aluminium prices rose 0.6% or $10.0/MT to $1802.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s consumer price inflation rose in April

Posted on May 16, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3440. Data showed that Canada’s seasonally adjusted consumer price index (CPI) advanced 2.0% on a yearly basis in April, on the … Continue reading →

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USD/CHF: Swiss Franc trading slightly lower in the morning session

Posted on May 16, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 1.0082. In the Asian session, at GMT0300, the pair is trading at 1.0084, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japan’s machine tool orders plunged in April

Posted on May 16, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the JPY and closed at 109.55. Data indicated that Japan’s flash machine tool orders dropped 33.4% on a yearly basis in April, following a decline of … Continue reading →

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GBP/USD: British Pound trading a tad higher in the Asian session

Posted on May 16, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.50% against the USD and closed at 1.2846, amid fears that Prime Minister Theresa May’s proposed Brexit deal will be rejected again in June. In the Asian session, … Continue reading →

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EUR/USD: Euro-zone’s economy grew less than expected in 1Q 2019

Posted on May 16, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1207. On the macro front, the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose 0.3% on a quarterly basis in … Continue reading →

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