Daily Archives: July 4, 2018

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data

Posted on July 4, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.78% against the USD and closed at USD74.56 per barrel, amid concerns over global supply shortage and US sanctions against Iran. Moreover, the American Petroleum Institute (API) … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 4, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.04% against the USD and closed at USD16.07 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.14, with silver … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on July 4, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.83% against the USD and closed at USD1253.9 per ounce, amid broad weakness in greenback. In the Asian session, at GMT0300, the pair is trading at 1259.00, with gold … Continue reading →

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AUD/USD: Australis’s retail sales climbed beyond market expectations in May

Posted on July 4, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.63% against the USD and closed at 0.7385. LME Copper prices declined 0.2% or $10.5/MT to $6584.5/MT. Aluminium prices rose 0.6% or $12.0/MT to $2165.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing activity jumps at its fastest pace in past 7-years in June

Posted on July 4, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.3144. Data showed that Canada’s manufacturing activity jumped to a level of 57.1 in June, hitting a seven-year high level since … Continue reading →

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

Posted on July 4, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9921. In the Asian session, at GMT0300, the pair is trading at 0.9913, with the USD trading 0.08% lower against the … Continue reading →

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USD/JPY: Japan’s Nikkei service PMI expanded at its weakest pace since October 2016 in June

Posted on July 4, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the JPY and closed at 110.53. In the Asian session, at GMT0300, the pair is trading at 110.41, with the USD trading 0.11% lower against the … Continue reading →

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GBP/USD: UK’s construction activity jumped to a 7-month high level in June

Posted on July 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 1.3192. Macroeconomic data showed that UK’s construction PMI unexpectedly increased to a level of 53.1 in June, notching its highest level … Continue reading →

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EUR/USD: Euro-zone’s producer prices accelerated to a 12-month high level in May

Posted on July 4, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1659. On the data front, Euro-zone’s producer price index (PPI) climbed to 3.0% on annual basis in May, marking a 12-month … Continue reading →

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