Monthly Archives: July 2018

GBP/USD: Sterling reverses its gains in the Asian session

Posted on July 17, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose a tad against the USD and closed at 1.3237. In the Asian session, at GMT0300, the pair is trading at 1.3235, with the GBP trading slightly lower against … Continue reading →

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EUR/USD: Euro-zone’s trade surplus surprisingly narrowed in May

Posted on July 17, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1710. Macroeconomic data indicated that the Euro-zone’s seasonally adjusted trade surplus unexpectedly narrowed to €16.9 billion in May, after recording a … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on July 16, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.63% against the USD and closed at USD70.65 per barrel on Friday, as strike actions in Norway and Iraq hit supplies. Separately, fresh figures from Baker Hughes … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on July 16, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.85% against the USD and closed at USD15.83 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.84, … Continue reading →

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Gold: Yellow metal reverses its loses in the Asian session

Posted on July 16, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.42% against the USD and closed at USD1241.10 per ounce on Friday, amid strength in US dollar and US equites. In the Asian session, at GMT0300, the pair is … Continue reading →

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AUD/USD: Aussie trading a tad lower in the Asian session

Posted on July 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.20% against the USD and closed at 0.7418 on Friday. LME Copper prices declined 0.1% or $2.5/MT to $6166.0/MT. Aluminium prices rose 0.1% or $7.0/MT to $2102.0/MT. In … Continue reading →

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USD/CAD: Loonie trading flat in the morning session

Posted on July 16, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.3158 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3158, with the USD trading flat against … Continue reading →

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USD/CHF: Swiss Franc is trading between its MA’s

Posted on July 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CHF and closed at 1.0017 on Friday. On the data front, Switzerland’s producer and import price index rose 3.5% on a yearly basis in June, … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on July 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the JPY and closed at 112.34 on Friday. In the Asian session, at GMT0300, the pair is trading at 112.47, with the USD trading 0.12% higher … Continue reading →

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GBP/USD: UK’s Rightmove house price index dropped to a 7-month low level in June

Posted on July 16, 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 1.3233 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3233, with the GBP trading flat against … Continue reading →

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EUR/USD: Euro trading flat in the Asian session

Posted on July 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.1682 on Friday. In the US, data showed that the US preliminary Reuters/Michigan consumer sentiment index eased to a level of … Continue reading →

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