Monthly Archives: July 2016

Gold: Yellow metal trading a tad higher in the Asian session

Posted on July 26, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.54% against the USD and closed at USD1322.9 per ounce, as rising hopes of a US rate hike decreased the safe-haven allure of the yellow metal. In the Asian … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on July 26, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose marginally against the USD and closed at 0.7472. LME Copper prices declined 0.73% or $36.0/MT to $4920.0/MT. Aluminium prices rose 0.06% or $1.0/MT to $1601.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its losses in the Asian session

Posted on July 26, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the CAD and closed at 1.3215. In the Asian session, at GMT0300, the pair is trading at 1.3209, with the USD trading marginally lower against the … Continue reading →

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

Posted on July 26, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 0.9853. In economic news, Switzerland’s total sight deposits rose slightly to a level of CHF511.5 billion for the week ended July … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on July 26, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the JPY and closed at 105.77. In the Asian session, at GMT0300, the pair is trading at 104.8, with the USD trading 0.92% lower against the … Continue reading →

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GBP/USD: UK’s business confidence plunged at fastest rate since 2009 in July

Posted on July 26, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.3100. in the UK, CBI’s Industrial Trends Survey revealed that optimism fell sharply mainly due to the EU referendum result, while … Continue reading →

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EUR/USD: German business morale shrank less than expected in July

Posted on July 26, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.0991. In economic news, data indicated that Germany’s Ifo business climate index dropped less-than-expected to a level of 108.3 in July, … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on July 25, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.9% against the USD and closed at 44.26, after data from Baker Hughes showed that US oil drillers added 14 rigs last week to bring the total … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on July 25, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.06% against the USD and closed at 19.69, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.55, with the EUR trading … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 25, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.2% against the USD and closed at USD1330.1 per ounce, amid a broad strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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

Posted on July 25, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.45% against the USD and closed at 0.7463. LME Copper prices rose 0.05% or $2.5/MT to $4956.0/MT. Aluminium prices rose 0.34% or $5.5/MT to $1600.0/MT. In the Asian … Continue reading →

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