Daily Archives: September 5, 2019

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

Posted on September 5, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.95% against the USD and closed at USD56.11 per barrel, amid easing geopolitical trade tensions and strong economic data from China. Separately, the American Petroleum Institute (API) … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on September 5, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.29% against the USD and closed at USD19.66 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.51, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on September 5, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.34% against the USD and closed at USD1561.10 per ounce, amid fall in the 10-year US treasury yields. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Australia’s trade surplus narrowed less-than-anticipated in July

Posted on September 5, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.50% against the USD and closed at 0.6796. LME Copper prices rose 2.3% or $126.0/MT to $5663.0/MT. Aluminium prices rose 1.2% or $20.0/MT to $1734.5/MT. In the Asian … Continue reading →

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USD/CAD: BoC leaves interest rate unchanged at 1.75%

Posted on September 5, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.87% against the CAD and closed at 1.3225. The Bank of Canada, in its September interest rate decision, decided to leave its key interest rate steady at 1.75%, … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on September 5, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.68% against the CHF and closed at 0.9806. In the Asian session, at GMT0300, the pair is trading at 0.9839, with the USD trading 0.34% higher against the … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the morning session

Posted on September 5, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the JPY and closed at 106.35. In the Asian session, at GMT0300, the pair is trading at 106.67, with the USD trading 0.30% higher against the … Continue reading →

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GBP/USD: UK’s services sector activity eased in August

Posted on September 5, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.34% against the USD and closed at 1.2250. On the macro front, UK’s services PMI fell to a level of 50.6 in August, compared to a reading of … Continue reading →

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EUR/USD: Euro-zone’s retail sales declined by the most since December 2018 in July

Posted on September 5, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.1034, as comments from European policymakers fuelled uncertainty over the scale of a European Central Bank stimulus package expected next week. … Continue reading →

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