Daily Archives: May 1, 2018

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

Posted on May 1, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.77% against the USD and closed at USD68.47 per barrel, buoyed by increased tension in the Middle East, after Israeli Prime Minister, Benjamin Netanyahu, accused Iran of … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 1, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.24% against the USD and closed at USD16.36 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.32, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on May 1, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.65% against the USD and closed at USD1317.00 per ounce, as strength in the greenback and easing Korean tensions, dented demand for the precious yellow metal. In the Asian … Continue reading →

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AUD/USD: RBA keeps key interest rate steady at 1.50%

Posted on May 1, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.58% against the USD and closed at 0.7529. LME Copper prices declined 0.21% or $14.0/MT to $6783.0/MT. Aluminium prices declined 1.11% or $25.0/MT to $2224.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s GDP data

Posted on May 1, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.01% against the CAD and closed at 1.2838. In the Asian session, at GMT0300, the pair is trading at 1.2832, with the USD trading 0.05% lower against the … Continue reading →

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USD/CHF: Swiss KOF leading indicator rose less-than-anticipated in April

Posted on May 1, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9908. On the macro front, Switzerland’s KOF leading indicator advanced less-than-expected to a level of 105.3 in April, compared to a … Continue reading →

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USD/JPY: Japan’s manufacturing sector growth revised higher in April

Posted on May 1, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the JPY and closed at 109.26. In the Asian session, at GMT0300, the pair is trading at 109.36, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s Markit manufacturing PMI data

Posted on May 1, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3769. In the Asian session, at GMT0300, the pair is trading at 1.3761, with the GBP trading 0.06% lower against the … Continue reading →

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EUR/USD: German annual inflation advanced above expectations in April

Posted on May 1, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.2081, following an unexpected drop in German retail sales data. On the economic front, Germany’s flash consumer price index (CPI) advanced … Continue reading →

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