Monthly Archives: June 2018

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

Posted on June 22, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the JPY and closed at 109.92. On the data front, Japan’s final machine tool orders advanced 14.9% on an annual basis in May, confirming the preliminary … Continue reading →

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GBP/USD: BoE leaves benchmark interest rates unchanged, BoE, Chief Economist raises prospects of August rate hike

Posted on June 22, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.57% against the USD and closed at 1.3247. Yesterday, the Bank of England (BoE), at its June monetary policy meeting, opted to keep its key interest rates unchanged … Continue reading →

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EUR/USD: Eurozone consumer confidence drops to lowest reading since October

Posted on June 22, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.28% against the USD and closed at 1.1608 On the macro front, the Euro-zone’s preliminary consumer confidence index unexpectedly declined to a level of -0.5 in June, amid … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on June 21, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.55% against the USD and closed at USD65.47 per barrel, after the Energy Information Administration (EIA) indicated that US crude oil stockpiles dropped by 5.9 million barrels … Continue reading →

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Silver: White metal extends its loses in the morning session

Posted on June 21, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.06% against the USD and closed at USD16.31 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.27, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on June 21, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.54% against the USD and closed at USD1270.40 per ounce, amid broad strength in the greenback and global equities. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Aussie trading a tad higher this morning

Posted on June 21, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.16% against the USD and closed at 0.7371. LME Copper prices remained flat at $2179.0/MT. Aluminium prices rose 8.58% or $539.0/MT to $6819.0/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie trading slightly higher in the morning session

Posted on June 21, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3310. In the Asian session, at GMT0300, the pair is trading at 1.3308, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss franc trading on a weaker footing, ahead of SNB rate decision

Posted on June 21, 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 0.9961. In the Asian session, at GMT0300, the pair is trading at 0.9977, with the USD trading 0.16% higher against the … Continue reading →

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USD/JPY: BoJ Governor Haruhiko Kuroda recommends wage hike to meet inflation target

Posted on June 21, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 110.38. In the Asian session, at GMT0300, the pair is trading at 110.59, with the USD trading 0.19% higher against the … Continue reading →

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GBP/USD: Sterling trading lower in the Asian session

Posted on June 21, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded flat against the USD and closed at 1.3172. In the economic news, UK’s CBI industrial trends total orders jumped to a level of 13.0 in June, exceeding market … Continue reading →

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