Daily Archives: June 16, 2017

Crude Oil: Oil reverses its losses, ahead of Baker Hughes weekly rig count data

Posted on June 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.43% against the USD and closed at USD44.33 per barrel, amid persistent concerns over global supply glut. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on June 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.18% against the USD and closed at USD16.72 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.71, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on June 16, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.74% against the USD and closed at USD1256.00 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1253.90, … Continue reading →

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

Posted on June 16, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.08% against the USD and closed at 0.7586. LME Copper prices declined 0.8% or $47.5/MT to $5637.0/MT. Aluminium prices declined 1.2% or $22.5/MT to $1864.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales declined by the most since August 2012 in May

Posted on June 16, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3254. The Canadian Dollar lost ground, after Canada’s existing home sales dropped 6.2% MoM in May, recording its biggest decline in … Continue reading →

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USD/CHF: Swiss National Bank (SNB) left its key interest rate unchanged

Posted on June 16, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9750. Yesterday, the Swiss National Bank (SNB) held its key interest rate steady at -0.75%, meeting market expectations, citing strength in … Continue reading →

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USD/JPY: BoJ keeps policy steady, revises up view on consumption

Posted on June 16, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.37% against the JPY and closed at 110.85. In the Asian session, at GMT0300, the pair is trading at 111.17, with the USD trading 0.29% higher against the … Continue reading →

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GBP/USD: BoE narrowly votes in favour of maintaining record low interest rates

Posted on June 16, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2754. Yesterday, the Bank of England (BoE), in a widely-expected move, opted to leave the key interest rate steady at 0.25% … Continue reading →

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EUR/USD: Euro-zone’s trade surplus narrowed more-than-expected in April

Posted on June 16, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.1150. Macroeconomic data showed that the Euro-zone’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €19.6 billion in April, … Continue reading →

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