Monthly Archives: May 2019

USD/CAD: Loonie trading higher, ahead of BoC’s key interest rate decision

Posted on May 29, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.3493. In the Asian session, at GMT0300, the pair is trading at 1.3485, with the USD trading 0.06% lower against the … Continue reading →

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USD/CHF: Switzerland’s GDP growth accelerates in the first quarter

Posted on May 29, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 1.0072. Macroeconomic data indicate that Switzerland’s seasonally adjusted gross domestic product (GDP) advanced 0.6% on a quarterly basis in 1Q 2019, … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the Asian session

Posted on May 29, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the JPY and closed at 109.37. In the Asian session, at GMT0300, the pair is trading at 109.40, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: UK’s mortgage approvals surprisingly climbed to a two-year high level in April

Posted on May 29, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.2657. Data showed that UK’s BBA mortgage approvals surprisingly rose to a two-year high level of 42.9K in April, signalling recovery … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index advanced in May

Posted on May 29, 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 1.1165. On the data front, the Euro-zone’s final consumer confidence index rose to a level of -6.5 in May, in line … Continue reading →

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on May 28, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.87% against the USD and closed at USD59.09 per barrel, following OPEC led supply cuts and US sanctions on Iran’s and Venezuela’s oil exports. On Friday, fresh … Continue reading →

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Silver: White metal trading on a weaker footing this mornisng

Posted on May 28, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.27% against the USD and closed at USD14.57 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.53, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on May 28, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.15% against the USD and closed at USD1290.40 per ounce, amid broad strength in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1287.70, … Continue reading →

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

Posted on May 28, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.6919. LME Copper prices remained unchanged at $5919.0/MT. Aluminium prices traded flat at $1761.5/MT. In the Asian session, at GMT0300, the … Continue reading →

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

Posted on May 28, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3440. In the Asian session, at GMT0300, the pair is trading at 1.3441, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of key economic data

Posted on May 28, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 1.0038. In economic news, Switzerland’s total sight deposits declined to a level of CHF576.8 billion in the week ended 24 May … Continue reading →

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