Daily Archives: May 9, 2019

Crude Oil: Oil trading lower in the Asian session

Posted on May 9, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.65% against the USD and closed at USD61.99 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 4.0 million … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 9, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.47% against the USD and closed at USD14.86 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.82, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on May 9, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.27% against the USD and closed at USD1282.30 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1281.60, with … Continue reading →

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AUD/USD: Aussie extends its losses in the morning session

Posted on May 9, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.26% against the USD and closed at 0.6994. LME Copper prices declined 1.2% or $71.0/MT to $6103.0/MT. Aluminium prices declined 0.3% or $6.0/MT to $1761.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts rose beyond estimates in April

Posted on May 9, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3472. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts jumped to a level of 235.5K in April, surpassing market anticipation … Continue reading →

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

Posted on May 9, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 1.0205. In the Asian session, at GMT0300, the pair is trading at 1.0207, with the USD trading a tad higher against … Continue reading →

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

Posted on May 9, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 110.06. In the Asian session, at GMT0300, the pair is trading at 109.90, with the USD trading 0.15% lower against the … Continue reading →

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GBP/USD: UK’s house price balance remained steady in April

Posted on May 9, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.45% against the USD and closed at 1.3011, amid possibilities that negotiations between the UK government and the Conservative and Labour Parties might collapse. In the Asian session, … Continue reading →

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EUR/USD: Germany’s industrial production surprisingly rose for the second consecutive month in March

Posted on May 9, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1197. The European Central Bank (ECB) President, Mario Draghi, stated that the central bank would continue to maintain its inflation target … Continue reading →

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