Monthly Archives: June 2018

GBP/USD: Britain’s manufacturing PMI unexpectedly climbed in May

Posted on June 4, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.3349 on Friday. In economic news, UK’s Markit manufacturing PMI sector unexpectedly rose to a level of 54.4 in May. Markets … Continue reading →

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EUR/USD: Euro-zone’s manufacturing sector activity posted a 15-month low in May

Posted on June 4, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1658 on Friday, following downbeat economic data. Data showed that Euro-zone’s t final manufacturing PMI fell to a level of 55.5 … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on June 1, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.54% against the USD and closed at USD16.45 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.44, with silver … Continue reading →

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Crude Oil: Oil extends its losses in the Asian session, ahead of Baker Hughes weekly rig count data

Posted on June 1, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.53% against the USD and closed at USD67.10 per barrel, after the Energy Information Administration (EIA) reported that US crude production jumped to a record high of … Continue reading →

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Gold: Yellow metal trading a tad lower this morning

Posted on June 1, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.29% against the USD and closed at USD1303.00 per ounce. In the Asian session, at GMT0300, the pair is trading at 1302.8, with gold trading slightly lower against the … Continue reading →

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AUD/USD: Australia’s manufacturing sector growth slowed in May

Posted on June 1, 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 rose 0.22% or $15.0/MT to $6825.0/MT. Aluminium prices rose 0.88% or $20.0/MT to $2285.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s economic growth slowest in 2 years in the first three months of 2018

Posted on June 1, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.2945. The Canadian Dollar declined against the US Dollar, following news that US will impose tariffs on steel and aluminium imported … Continue reading →

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USD/CHF: Switzerland’s economy grew more-than-expected in 1Q 2018

Posted on June 1, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9843. Macroeconomic data showed that Switzerland’s seasonally adjusted gross domestic product (GDP) increased 0.6% on a quarterly basis in the first … Continue reading →

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USD/JPY: Japan’s manufacturing sector growth cooled less than initially estimated in May

Posted on June 1, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 108.75. In the Asian session, at GMT0300, the pair is trading at 109.22, with the USD trading 0.43% higher against the … Continue reading →

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GBP/USD: Britain’s April consumer credit surged by the most since November 2016

Posted on June 1, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.3297, after data showed that UK’s net consumer credit rose £1.8 billion in April, posting its highest increase since November 2016 … Continue reading →

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EUR/USD: Euro-zone’s annual inflation accelerated to a more than 12-month high in May

Posted on June 1, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1702, helped by receding worries over Italy’s political turmoil and a surge in the Euro-zone’s annual inflation. Data showed that the … Continue reading →

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