Monthly Archives: May 2019

Gold: Yellow metal reverses its gains in the Asian session

Posted on May 30, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly rose against the USD and closed at USD1284.30 per ounce, amid weakness in the US equities. In the Asian session, at GMT0300, the pair is trading at 1282.60, with … Continue reading →

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AUD/USD: Australia’s building approvals tumbled beyond estimates in April,

Posted on May 30, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.06% against the USD and closed at 0.6918. LME Copper prices declined 1.5% or $92.0/MT to $5864.5/MT. Aluminium prices declined 0.2% or $3.0/MT to $1770.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC opted to leave its interest rate steady at 1.75%

Posted on May 30, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3514. The Canadian dollar fell against the US dollar, following the Bank of Canada’s (BoC) rate decision. The BoC, in its … Continue reading →

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USD/CHF: Switzerland’s KOF economic barometer declined in May

Posted on May 30, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 1.0082. Data showed that Switzerland’s KOF economic barometer dropped to a level of 94.4 in May, more than market consensus for … Continue reading →

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USD/JPY: Japanese Yen trading a tad higher in the morning session

Posted on May 30, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the JPY and closed at 109.60. In the Asian session, at GMT0300, the pair is trading at 109.57, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: Sterling trading slightly lower in the Asian session

Posted on May 30, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2629, amid ongoing Brexit uncertainty. In the Asian session, at GMT0300, the pair is trading at 1.2628, with the GBP trading … Continue reading →

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EUR/USD: Germany’s unemployment rate unexpectedly advanced for the first time since 2013 in May

Posted on May 30, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1137. On the macro front, Germany’s seasonally adjusted unemployment rate unexpectedly climbed to 5.0% in May, rising for the first time … Continue reading →

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Crude Oil: Oil trading lower, ahead of API’s weekly crude oil invesntories data

Posted on May 29, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD58.90 per barrel, as ongoing trade war between US and China fuelled concerns about global economic slowdown. In the Asian … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 29, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.68% against the USD and closed at USD14.32 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.34, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on May 29, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.43% against the USD and closed at USD1284.40 per ounce, amid strength in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1284.910, with … Continue reading →

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AUD/USD: Aussie extends its gains in the morning session

Posted on May 29, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.6922. LME Copper prices rose 0.6% or $37.5/MT to $5956.5/MT. Aluminium prices rose 0.7% or $11.5/MT to $1773.0/MT. In the Asian … Continue reading →

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