Monthly Archives: June 2018

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

Posted on June 5, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined slightly against the CHF and closed at 0.9883. In economic news, Switzerland’s total sight deposits eased to a level of CHF576.5 billion in the week ended 01 June, … Continue reading →

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USD/JPY: Japan’s service sector activity slowed down in May

Posted on June 5, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 109.82. In the Asian session, at GMT0300, the pair is trading at 109.89, with the USD trading 0.06% higher against the … Continue reading →

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GBP/USD: Britain’s construction activity registers moderate growth in May

Posted on June 5, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.45% against the USD and closed at 1.3315, amid continuing worries over Brexit. On the macroeconomic front, UK’s Markit construction PMI remained steady at a level of 52.5 … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence surprisingly declined for the fifth straight month in June

Posted on June 5, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1697, after disappointing investor confidence data. Data showed that the Euro-zone’s Sentix investor confidence index dropped sharply to a level of … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on June 4, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.13% against the USD and closed at USD65.67 per barrel on Friday, amid rising US production and possibility that the OPEC might increase supplies. Additionally, Baker Hughes … Continue reading →

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Silver: White metal trading reverses its losses in the Asian session

Posted on June 4, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.21% against the USD and closed at USD16.41 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.43, … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on June 4, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.48% against the USD and closed at USD1297.6 per ounce, after upbeat US jobs data boosted the US dollar. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Australia’s retail sales advanced more than expected in April

Posted on June 4, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined slightly against the USD and closed at 0.7570. LME Copper prices declined 0.16% or $11.0/MT to $6814.0/MT. Aluminium prices declined 0.3% or $68.5/MT to $2217.0/MT. Macroeconomic news indicated … Continue reading →

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USD/CAD: Loonie trading higher in the morning session

Posted on June 4, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.2958 on Friday. Data indicated that Canada’s manufacturing PMI climbed to 56.2 in May. The manufacturing PMI had recorded a level … Continue reading →

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USD/CHF: Switzerland’s manufacturing sector activity slowed in May

Posted on June 4, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.9883 on Friday. On the macroeconomic data front, Switzerland’s manufacturing PMI fell to a level of 62.4 in May, lower than … Continue reading →

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USD/JPY: Japanese yen extends its losses in the Asian session

Posted on June 4, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the JPY and closed at 109.48 on Friday. In the Asian session, at GMT0300, the pair is trading at 109.63, with the USD trading 0.14% higher … Continue reading →

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