Monthly Archives: July 2018

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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Crude Oil: Oil trading extends its losses in the Asian session

Posted on July 5, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.56% against the USD and closed at USD74.14 per barrel. In the Asian session, at GMT0300, the pair is trading at 73.88, with oil trading 0.35% lower … Continue reading →

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Silver: White metal trading on a weaker footing in the morning session.

Posted on July 5, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.40% against the USD and closed at USD16.14 per ounce, tracking rise in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.125, with silver … Continue reading →

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Gold: Yellow metal trading flat in the morning session

Posted on July 5, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.24% against the USD and closed at USD1257.40per ounce, amid weakness in US dollar. In the Asian session, at GMT0300, the pair is trading at 1257.40, with gold trading … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on July 5, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined slightly against the USD and closed at 0.7384. LME Copper prices declined 1.9% or $125.5/MT to $6459.0/MT. Aluminium prices declined 2.1% or $44.5/MT to $2120.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower this morning

Posted on July 5, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD and closed at 1.3141. In the Asian session, at GMT0300, the pair is trading at 1.3145, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the morning session

Posted on July 5, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CHF and closed at 0.9925. In the Asian session, at GMT0300, the pair is trading at 0.9933, with the USD trading 0.08% higher against the … Continue reading →

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USD/JPY: Japanese yen trading on a stronger footing in the Asian session

Posted on July 5, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the JPY and closed at 110.48. In the Asian session, at GMT0300, the pair is trading at 110.43, with the USD trading 0.05% lower against the … Continue reading →

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GBP/USD: Britain’s services PMI surprisingly expanded to an 8-month high level in June

Posted on July 5, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.3230, as UK’s services PMI unexpectedly climbed to a level of 55.1 in June, posting its highest level in 8-months, driven … Continue reading →

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EUR/USD: Euro-zone’s service sector activity regains strength in June

Posted on July 5, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally higher against the USD and closed at 1.1660 On the data front, Euro-zone’s final service PMI rose more than estimated to a level of 55.2 in June, … Continue reading →

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