Monthly Archives: August 2018

Gold: Yellow metal extends its gains in the Asian session

Posted on August 6, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.40% against the USD and closed at USD1222.40 per ounce on Friday, after weak than expected US non-farm payrolls data. In the Asian session, at GMT0300, the pair is … Continue reading →

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

Posted on August 6, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.52% against the USD and closed at 0.7401 on Friday. LME Copper prices declined 0.3% or $7.0/MT to $6167.0/MT. Aluminium prices rose 1.7% or $104.0/MT to $2016.0/MT. In … Continue reading →

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USD/CAD: Loonie trading on a weaker footing in the Asian session

Posted on August 6, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.2989 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2998, with the USD trading 0.07% higher … Continue reading →

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USD/CHF: Switzerland’s inflation rose as estimated in July

Posted on August 6, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9942 on Friday. On the macro front, Switzerland’s consumer price index climbed 1.2% on an annual basis in July, in line … Continue reading →

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

Posted on August 6, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 111.23 on Friday. In the Asian session, at GMT0300, the pair is trading at 111.35, with the USD trading 0.11% higher … Continue reading →

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GBP/USD: BoE Governor Mark Carney warns over the possibility of no-deal Brexit

Posted on August 6, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.10% against the USD and closed at 1.3005 on Friday, after BoE Governor Mark Carney signalled the likely prospects of the UK leaving the EU without a deal. … Continue reading →

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EUR/USD: Euro-zone’s services sector declined more-than-estimated in July

Posted on August 6, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1572 on Friday. Macroeconomic news indicated that Euro-zone’s final services PMI dropped more than expected to a level of 54.2 in … Continue reading →

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Crude Oil: Oil trading higher in the morning session

Posted on August 3, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.61% against the USD and closed at USD68.92 per barrel, amid decrease in oil inventories at the domestic trading hub, Cushing, Okla. In the Asian session, at … Continue reading →

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

Posted on August 3, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.58% against the USD and closed at USD15.34 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.31, with silver trading 0.20% lower against the … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on August 3, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.71% against the USD and closed at USD1217.20 per ounce, amid strength in greenback. In the Asian session, at GMT0300, the pair is trading at 1216.20, with gold trading … Continue reading →

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AUD/USD: Aussie trading a tad higher in the morning session

Posted on August 3, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.58% against the USD and closed at 0.7363. LME Copper prices declined 1.2% or $74.0/MT to $6063.0/MT. Aluminium prices declined 0.6% or $13.0/MT to $2023.0/MT. In the Asian … Continue reading →

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