Monthly Archives: May 2018

AUD/USD: Aussie trading flat in the morning session

Posted on May 24, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.7567. LME Copper prices declined 1.90% or $131.5/MT to $6800.0/MT. Aluminium prices declined 1.70% or $38.5/MT to $2227.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses this morning

Posted on May 24, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD and closed at 1.2837. In the Asian session, at GMT0300, the pair is trading at 1.2847, with the USD trading 0.08% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on May 24, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9943. In the Asian session, at GMT0300, the pair is trading at 0.9938, with the USD trading 0.05% lower against the … Continue reading →

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

Posted on May 24, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the JPY and closed at 110.00. On the economic front, Japan’s final machine tool orders climbed 22.0% on a yearly basis in April, confirming the preliminary … Continue reading →

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GBP/USD: UK’s annual inflation advanced at its weakest pace in 13 months in April

Posted on May 24, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.55% against the USD and closed at 1.3358, after weaker-than-expected inflation figures in the UK diminished the possibility of a Bank of England (BoE) interest rate hike. Data … Continue reading →

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EUR/USD: Euro-zone’s manufacturing sector grew at its weakest pace in 15 months in May, while services sector activity cooled to a 16-month low in the same month

Posted on May 24, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.62% against the USD and closed at 1.1707, after the latest set of economic data pointed to a further slowdown in the Euro-zone’s economic growth. The flash Markit … Continue reading →

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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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