Daily Archives: July 18, 2018

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

Posted on July 18, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD67.74 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose 0.63 million barrels to … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on July 18, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.33% against the USD and closed at USD15.60 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.62, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading slightly higher in the Asian session

Posted on July 18, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.04% against the USD and closed at USD1227.70 per ounce, as the US dollar strengthened, after Fed Chairman, Jerome Powell’s optimistic view on the US economy. In the Asian … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading higher in the morning session

Posted on July 18, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.50% against the USD and closed at 0.7381. LME Copper prices declined 0.02% or $1.5/MT to $6141.5/MT. Aluminium prices declined 0.94% or $20.0/MT to $2110.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s manufacturing shipments rebounded in May

Posted on July 18, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD and closed at 1.3199. Macroeconomic data indicated that Canada’s manufacturing shipments rebounded 1.4% on a monthly basis in May, higher than market expectations for … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on weaker footing in the Asian session

Posted on July 18, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 1.0003. In the Asian session, at GMT0300, the pair is trading at 1.0008, with the USD trading 0.05% higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese yen trading a tad higher in the morning session

Posted on July 18, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the JPY and closed at 112.95. In the Asian session, at GMT0300, the pair is trading at 112.93, with the USD trading slightly lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Hard Brexit would affect August rate hike: BoE Governor, Mark Carney

Posted on July 18, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.98% against the USD and closed at 1.3107. The Bank of England (BoE) Governor, Mark Carney sounded optimistic over the growth of economic activity but expressed concerns that … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading a tad lower in the Asian session

Posted on July 18, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.1665. The US dollar gained ground against a basket of currencies, following Federal Reserve (Fed) Chairman, Jerome Powell, positive assessment on … Continue reading →

Posted in EUR/USD | Comments Off