Monthly Archives: August 2018

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

Posted on August 28, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the JPY and closed at 111.13. In the Asian session, at GMT0300, the pair is trading at 111.32, with the USD trading 0.17% higher against the … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals unexpectedly declined in July

Posted on August 28, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.33% against the USD and closed at 1.2894. On Friday, data showed that, UK’s BBA mortgage approvals surprisingly eased to a level of 39.6K in July, defying market … Continue reading →

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EUR/USD: German economy expanded as initially estimated in 2Q 2018

Posted on August 28, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1681. On Friday, Germany’s seasonally adjusted final gross domestic product (GDP) advanced 0.5% on a quarterly basis in 2Q 2018, at … Continue reading →

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Crude Oil: Oil trading on a stronger footing, ahead of Baker Hughes weekly rig count data

Posted on August 24, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.22% against the USD and closed at USD67.86 per barrel, amid signs of tightening US crude inventories. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on August 24, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.65% against the USD and closed at USD14.59 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.61, with silver trading 0.14% higher against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on August 24, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.93% against the USD and closed at USD1191.90 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1192.80, with gold … Continue reading →

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

Posted on August 24, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.41% against the USD and closed at 0.7246, amid political worries. LME Copper prices declined 1.5% or $89.5/MT to $5910.5/MT. Aluminium prices declined 0.8% or $17.0/MT to $2021.5/MT. … Continue reading →

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USD/CAD: Loonie trading a tad higher in the Asian session

Posted on August 24, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the CAD and closed at 1.3093. In the Asian session, at GMT0300, the pair is trading at 1.3090, with the USD trading slightly lower against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the morning session

Posted on August 24, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.9862. Data showed that Switzerland’s industrial production unexpectedly climbed 8.3% on an annual basis in the second quarter of 2018, following … Continue reading →

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USD/JPY: Japan’s national inflation rose less-than-anticipated in July

Posted on August 24, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.72% against the JPY and closed at 111.35. In the economic news, Japan’s final leading economic index declined to a level of 104.7 in July, after registering a … Continue reading →

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GBP/USD: Brexit Secretary discloses prospects of “No-deal Brexit” plan

Posted on August 24, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.82% against the USD and closed at 1.2810, after Brexit Secretary, Dominic Raab revealed his department’s contingency plans for a no-deal exit from the EU and stated that … Continue reading →

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