Monthly Archives: July 2017

Crude Oil: Oil trading marginally higher this morning

Posted on July 3, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.89% against the USD and closed at USD46.23 per barrel on Friday, after fresh figures from Baker Hughes showed that US oil rigs dropped for the first … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the morning session

Posted on July 3, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.24% against the USD and closed at USD16.63 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.60, … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Posted on July 3, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.35% against the USD and closed at USD1241.90 per ounce on Friday, as expectations of tighter monetary policy in future led to gains in global bond yields, reducing demand … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s building approvals sharply declined in May, manufacturing sector advanced in June

Posted on July 3, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.07% against the USD and closed at 0.7687 on Friday. LME Copper prices rose 0.03% or $2.0/MT to $5907.5/MT. Aluminium prices rose 0.6% or $11.0/MT to $1908.5/MT. In … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s economy expanded as expected in April

Posted on July 3, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD and closed at 1.2963 on Friday. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) rose 0.2% on a monthly basis in … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s real retail sales and SVME–PMI data

Posted on July 3, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9588 on Friday. Macroeconomic data showed that Switzerland’s KOF leading indicator climbed more-than-anticipated to a level of 105.5 in June, compared … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s manufacturing sector growth eased less than initially estimated in June

Posted on July 3, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 112.50 on Friday. In the Asian session, at GMT0300, the pair is trading at 112.41, with the USD trading 0.08% lower … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK economic growth confirmed at 0.2% in the first quarter

Posted on July 3, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.12% against the USD and closed at 1.3025 on Friday. On the macro front, final estimate of gross domestic product (GDP) showed that the British economic growth sharply … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s annual inflation growth slowed to a 6-month low in June

Posted on July 3, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1423 on Friday, after the Euro-zone’s flash consumer price index (CPI) advanced 1.3% on an annual basis in June, rising at … Continue reading →

Posted in EUR/USD | Comments Off