Daily Archives: June 4, 2019

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

Posted on June 4, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.38% against the USD and closed at USD53.06 per barrel, after Saudi Arabia indicated that OPEC along with Russia would tighten global oil supplies to avoid a … Continue reading →

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Silver: White metal trading on a weaker footing in the Asian session

Posted on June 4, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.99% against the USD and closed at USD14.78 per ounce, supported by gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.74, with … Continue reading →

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Gold: Yellow metal reverses its gain in the morning session

Posted on June 4, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.99% against the USD and closed at USD1329.7 per ounce, amid broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1328.90, with … Continue reading →

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AUD/USD: RBA slashes its benchmark interest rates to 1.25% from 1.50%

Posted on June 4, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.36% against the USD and closed at 0.6975. LME Copper prices rose 0.3% or $15.5/MT to $5796.0/MT. Aluminium prices rose 0.1% or $2.5/MT to $1763.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s RBC manufacturing PMI dropped in May

Posted on June 4, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.3444. On the data front, Canada’s RBC manufacturing PMI fell to a level of 49.1 in May, compared to a level … Continue reading →

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USD/CHF: Switzerland’s consumer price inflation slowed as estimated in May

Posted on June 4, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CHF and closed at 0.9923. In economic news, Switzerland’s consumer price inflation (CPI) slowed to 0.3% on a monthly basis in May, at par with … Continue reading →

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

Posted on June 4, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the JPY and closed at 107.98. In the Asian session, at GMT0300, the pair is trading at 108.00, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: UK’s manufacturing sector activity contracted to its lowest level since July 2016 in May

Posted on June 4, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.2666. Data indicated that UK’s manufacturing PMI contracted to a level of 49.4 in May, declining to its lowest level since … Continue reading →

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EUR/USD: Euro-zone’s manufacturing sector activity fell for the fourth consecutive month in May

Posted on June 4, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.1245. On the macro front, the Euro-zone’s final manufacturing PMI dropped to a level of 47.7 in May, contracting for the … Continue reading →

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