Monthly Archives: August 2018

Crude Oil: Oil reverses its losses in the morning session

Posted on August 16, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.84% against the USD and closed at USD64.89 per barrel, after the US Energy Information Administration reported that crude oil inventories unexpectedly rose by 6.8 million barrels … Continue reading →

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Silver: White metal trading higher this morning

Posted on August 16, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 4.15% against the USD and closed at USD14.43 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.47, with silver … Continue reading →

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Gold: Yellow metal extends losses in the Asian session

Posted on August 16, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.56% against the USD and closed at USD1182.50 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1179.70, with gold … Continue reading →

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AUD/USD: Australia’s unemployment rate surprisingly declined in July

Posted on August 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD fell marginally against the USD and closed at 0.7238. LME Copper prices declined 3.6% or $216.0/MT to $5843.0/MT. Aluminium prices declined 2.1% or $43.5/MT to $1994.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales advanced in July

Posted on August 16, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3142. Data showed that Canada’s existing home sales climbed 1.9% on a monthly basis in July following a rise of 4.1% … Continue reading →

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USD/CHF: Swiss franc trading a tad higher this morning

Posted on August 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CHF and closed at 0.9935. In the Asian session, at GMT0300, the pair is trading at 0.9931, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japan posted a trade deficit in July

Posted on August 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the JPY and closed at 110.63. In the Asian session, at GMT0300, the pair is trading at 110.83, with the USD trading 0.18% higher against the … Continue reading →

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GBP/USD: UK’s inflation increased for the first time in eight-months in July

Posted on August 16, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.2695. On the data front, UK’s consumer price index (CPI) advanced 2.5% on a yearly basis in July, rising for the … Continue reading →

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EUR/USD: Euro trading higher, ahead of trade balance data.

Posted on August 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined slightly against the USD and closed at 1.1344. In the US, data revealed that the US advance retail sales climbed 0.5% on a monthly basis in July, higher … Continue reading →

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Crude Oil: Oil trading a tad lower, ahead of EIA’s weekly crude oil inventories data

Posted on August 15, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.07% against the USD and closed at USD66.79 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories advanced by 3.7 million barrels … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on August 15, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.13% against the USD and closed at USD15.06 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.97, with silver trading 0.56% lower against the … Continue reading →

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