Daily Archives: July 6, 2018

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count

Posted on July 6, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.40% against the USD and closed at USD73.10 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles unexpectedly rose 1.2 million … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on July 6, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.28% against the USD and closed at USD16.09 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.01, with silver trading 0.53% lower against the … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on July 6, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.04% against the USD and closed at USD1258.50 per ounce, amid weakness in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1255.00, with … Continue reading →

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AUD/USD: Australia’s construction sector activity expanded at its weakest pace in June

Posted on July 6, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.05% against the USD and closed at 0.7388. LME Copper prices declined 0.9% or $59.5/MT to $6399.5/MT. Aluminium prices rose 0.3% or $6.5/MT to $2127.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the morning session

Posted on July 6, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3134. In the Asian session, at GMT0300, the pair is trading at 1.3148, with the USD trading 0.11% higher against the … Continue reading →

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USD/CHF: Switzerland’s annual inflation advances at par with market expectations in June

Posted on July 6, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9933. On the data front, Switzerland’s consumer price index (CPI) climbed 1.1% on an annual basis in June, in line with … Continue reading →

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USD/JPY: Japanese yen trading a tad lower in the Asian session

Posted on July 6, 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 110.66. In the Asian session, at GMT0300, the pair is trading at 110.68, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: BoE Governor, Mark Carney optimistic on August rate hike

Posted on July 6, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.05% against the USD and closed at 1.3223. The Bank of England (BoE) Governor, Mark Carney expressed optimism over the nation’s growth and added that the economic slowdown … Continue reading →

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EUR/USD: Germany’s factory orders expanded for the first time in five months in May

Posted on July 6, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.1691, following robust German factory orders data. Data showed that Germany’s annual factory orders advanced more-than-expected by 4.4% in May, driven … Continue reading →

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