Monthly Archives: July 2018

EUR/USD: Euro-zone’s consumer confidence cooled in July

Posted on July 24, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1691. Data indicated that Euro-zone’s preliminary consumer confidence index dropped to -0.6 in July, less than market consensus for a drop … Continue reading →

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Crude Oil: Oil trading flat in the Asian session

Posted on July 23, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.14% against the USD and closed at USD68.10 per barrel on Friday. Separately, fresh figures from Baker Hughes disclosed that the number of active US oil rigs … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on July 23, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.37% against the USD and closed at USD15.54 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.53, … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the morning session

Posted on July 23, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.58% against the USD and closed at USD1229.80 per ounce on Friday, amid weakness in US dollar and US equities. In the Asian session, at GMT0300, the pair is … Continue reading →

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

Posted on July 23, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.97% against the USD and closed at 0.7428 on Friday. LME Copper prices rose 14.8% or $784.0/MT to $6073.0/MT. Aluminium prices rose 0.6% or $13.0/MT to $2075.0/MT. In … Continue reading →

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USD/CAD: Canada’s inflation rose to a 6-month high level in June

Posted on July 23, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.06% against the CAD and closed at 1.3125 on Friday, amid upbeat economic data. Macroeconomic data indicated that Canada’s consumer price index advanced 2.5% on an annual basis … Continue reading →

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

Posted on July 23, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CHF and closed at 0.9919 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9914, with the USD trading 0.05% lower … Continue reading →

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

Posted on July 23, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.83% against the JPY and closed at 111.51 on Friday. In the Asian session, at GMT0300, the pair is trading at 110.96, with the USD trading 0.49% lower … Continue reading →

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

Posted on July 23, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.91% against the USD and closed at 1.3135 on Friday. In the economic news, UK’s public sector net borrowing fell to £4.5 billion in June, following a revised … Continue reading →

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

Posted on July 23, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.70% against the USD and closed at 1.1728 on Friday. On the data front, Euro-zone’s current account surplus narrowed to €22.4 billion in May, reaching its lowest level … Continue reading →

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

Posted on July 20, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.05% against the USD and closed at USD69.59 per barrel after Saudi Arabia’s OPEC Governor, Adeeb Al-Aama stated that the kingdom’s exports are likely to fall by … Continue reading →

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