Monthly Archives: August 2017

Crude Oil: Oil extends its losses in the morning session

Posted on August 2, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.69% against the USD and closed at USD48.80 per barrel, after the American Petroleum Institute (API) stated that US crude oil stockpiles surprisingly rose by 1.8 million … Continue reading →

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Silver: White metal trading lower this morning

Posted on August 2, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.24% against the USD and closed at USD16.84 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.65, with the silver trading 1.16% lower against … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 2, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly rose against the USD and closed at USD1275.00 per ounce. In the Asian session, at GMT0300, the pair is trading at 1272.70, with the gold trading 0.18% lower against … Continue reading →

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AUD/USD: Australia’s building approvals surged at the fastest pace in 11 months in June

Posted on August 2, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.5% against the USD and closed at 0.7962. LME Copper prices declined 0.7% or $46.5/MT to $6300.5/MT. Aluminium prices declined 0.9% or $17.0/MT to $1887.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing sector activity rose in July

Posted on August 2, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD and closed at 1.2549. On the data front, Canada’s Markit manufacturing PMI advanced to a level of 55.5 in July, after recording a level … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of key economic releases in Switzerland

Posted on August 2, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9656. In the Asian session, at GMT0300, the pair is trading at 0.9668, with the USD trading 0.12% higher against the … Continue reading →

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

Posted on August 2, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 110.36. In the Asian session, at GMT0300, the pair is trading at 110.54, with the USD trading 0.16% higher against the … Continue reading →

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GBP/USD: UK’s manufacturing sector activity jumped from a 7-month low level in July

Posted on August 2, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.3209, after data showed UK’s manufacturing sector grew better-than-expected in July. The Markit manufacturing PMI in the UK expanded more-than-expected to … Continue reading →

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EUR/USD: Euro-zone’s economy expanded 0.6% in the second quarter

Posted on August 2, 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 1.1808, shrugging off robust GDP report from the Euro-zone. Data showed that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) … Continue reading →

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Crude Oil: Oil trading higher in the Asian session, ahead of API’s weekly crude oil inventories data

Posted on August 1, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.62% against the USD and closed at USD50.15 per barrel, after news emerged that the US is considering stepping up sanctions against Venezuela’s vital oil sector, in … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 1, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.6% against the USD and closed at USD16.80 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.83, with the … Continue reading →

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