Daily Archives: May 23, 2018

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Posted on May 23, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.52% against the USD and closed at USD72.16 per barrel, surrendering its previous session gains. Separately, the American Petroleum Institute (API) reported that US crude oil inventories … Continue reading →

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Silver: White metal trading between its MA’s

Posted on May 23, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.21% against the USD and closed at USD16.57 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.55, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on May 23, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1296.10 per ounce, amid weakness in US equities. In the Asian session, at GMT0300, the pair is trading at 1292.50, with gold … Continue reading →

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AUD/USD: Australia’s Westpac leading index rebounded in April

Posted on May 23, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.17% against the USD and closed at 0.7574. LME Copper prices rose 1.03% or $70.5/MT to $6931.5/MT. Aluminium prices declined 0.57% or $13.0/MT to $2265.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on May 23, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.2825. In the Asian session, at GMT0300, the pair is trading at 1.2856, with the USD trading 0.24% higher against the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on May 23, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9924. In economic news, Switzerland’s total sight deposits inched up to a level of CHF576.4 billion in the week ended 18 … Continue reading →

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USD/JPY: Japan’s manufacturing sector growth cooled to a 9-month low in May

Posted on May 23, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 110.84. In the Asian session, at GMT0300, the pair is trading at 110.44, with the USD trading 0.36% lower against the … Continue reading →

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GBP/USD: Interest rates could increase six times in the next three years: Gertjan Vlieghe

Posted on May 23, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3432, Yesterday, the Bank of England (BoE) policymaker, Gertjan Vlieghe stated that he expects interest rates to rise at a faster … Continue reading →

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EUR/USD: Euro trading on a weaker footing, ahead of key economic releases across the Euro-bloc

Posted on May 23, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1780. In economic news, data indicated that the US Richmond Fed manufacturing index advanced more-than-expected to a level of 16.0 in … Continue reading →

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