Monthly Archives: June 2018

GBP/USD: UK’s ILO unemployment remained steady in the three months to April, wage growth slows in the same period

Posted on June 13, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3371. On the macro front, Britain’s ILO unemployment rate remained unchanged at a rate of 4.2% in the February-April 2018 period, … Continue reading →

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EUR/USD: German investor morale deteriorated to a more than 6-year low in April

Posted on June 13, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1744, following dismal economic data in the Euro-zone. Data showed that the Euro-zone’s ZEW economic sentiment index unexpectedly plunged to a … Continue reading →

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Crude Oil: Oil trading on stronger footing, ahead of API’s weekly crude stockpiles data

Posted on June 12, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.76% against the USD and closed at USD66.15 per barrel. In the Asian session, at GMT0300, the pair is trading at 66.18, with oil trading 0.05% higher … Continue reading →

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Silver: White metal reverses gains in the morning session

Posted on June 12, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.06% against the USD and closed at USD16.95 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.92, with silver trading 0.15% lower against the … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on June 12, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.05% against the USD and closed at USD1304.00 per ounce. In the Asian session, at GMT0300, the pair is trading at 1302.60, with gold trading 0.11% lower against the … Continue reading →

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AUD/USD: Australia’s NAB business confidence eased in May

Posted on June 12, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7609. LME Copper prices declined 0.54% or $39.0/MT to $ 7223.5/MT. Aluminium prices rose 0.55% or $12.5/MT to $2300.00/MT. In the … Continue reading →

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USD/CAD: Loonie trading lower in the morning session

Posted on June 12, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.2985. In the Asian session, at GMT0300, the pair is trading at 1.2993, with the USD trading 0.06% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

Posted on June 12, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9859. In economic news, Switzerland’s total sight deposits eased to a level of CHF576.3 billion in the week ended 08 June, … Continue reading →

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

Posted on June 12, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.66% against the JPY and closed at 110.17. On the data front, Japan’s flash machine tool orders advanced 14.9% on a yearly basis in May, following a rise … Continue reading →

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GBP/USD: Britain’s factory output unexpectedly fell in April

Posted on June 12, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3379, amid a slew of disappointing economic releases in the UK. In the economic news, UK’s manufacturing production unexpectedly declined by … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on June 12, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1776. Meanwhile, in Italy, Europe’s third largest economy, the working day adjusted industrial production eased 1.9% on an annual basis in … Continue reading →

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