Monthly Archives: May 2018

Silver: White metal trading lower in the Asian session

Posted on May 25, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.37% against the USD and closed at USD16.70 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.64, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on May 25, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.9% against the USD and closed at USD1309.90 per ounce, as the US President, Donald Trump’s move to cancel a meeting with North Korea, renewed geopolitical tensions and increased … Continue reading →

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AUD/USD: Aussie trading weaker in the Asian session

Posted on May 25, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7577. LME Copper prices rose 0.51% or $35.0/MT to $6835.0/MT. Aluminium prices rose 1.98% or $44.0/MT to $2271.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on May 25, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD and closed at 1.2881. In the Asian session, at GMT0300, the pair is trading at 1.2903, with the USD trading 0.17% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on May 25, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CHF and closed at 0.9911. In the Asian session, at GMT0300, the pair is trading at 0.9923, with the USD trading 0.12% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on May 25, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the JPY and closed at 109.26. On the data front, Japan’s final leading economic index declined more than initially estimated to a level of 104.4 in … Continue reading →

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GBP/USD: ‘Disorderly Brexit’ could trigger rate cut and cash injection: Mark Carney

Posted on May 25, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.3384, following upbeat retail sales report in the UK. Data showed that UK’s retail sales rebounded 1.6% on a monthly basis … Continue reading →

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EUR/USD: Germany’s economy expanded as initially estimated in 1Q 2018

Posted on May 25, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1721, after data indicated that Germany’s seasonally adjusted final gross domestic product (GDP) rose 0.3% on a quarterly basis in the … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on May 24, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.42% against the USD and closed at USD71.86 per barrel, weighed down by an unexpected rise in US crude oil inventories. The Energy Information Administration (EIA) report … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on May 24, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.6% against the USD and closed at USD16.47 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.46, with silver trading 0.09% lower against the … Continue reading →

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Gold: Yellow metal trading a tad higher this morning

Posted on May 24, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1299.10 per ounce, amid weakness in global equities. In the Asian session, at GMT0300, the pair is trading at 1299.60, with gold … Continue reading →

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