Daily Archives: May 28, 2019

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on May 28, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.87% against the USD and closed at USD59.09 per barrel, following OPEC led supply cuts and US sanctions on Iran’s and Venezuela’s oil exports. On Friday, fresh … Continue reading →

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Silver: White metal trading on a weaker footing this mornisng

Posted on May 28, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.27% against the USD and closed at USD14.57 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.53, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on May 28, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.15% against the USD and closed at USD1290.40 per ounce, amid broad strength in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1287.70, … Continue reading →

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

Posted on May 28, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.6919. LME Copper prices remained unchanged at $5919.0/MT. Aluminium prices traded flat at $1761.5/MT. In the Asian session, at GMT0300, the … Continue reading →

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USD/CAD: Loonie trading a tad lower in the morning session

Posted on May 28, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3440. In the Asian session, at GMT0300, the pair is trading at 1.3441, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of key economic data

Posted on May 28, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 1.0038. In economic news, Switzerland’s total sight deposits declined to a level of CHF576.8 billion in the week ended 24 May … Continue reading →

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USD/JPY: Japan’s final leading economic index eased to its lowest level in 3 years in March

Posted on May 28, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the JPY and closed at 109.54. On the macro front, data showed that Japan’s final leading economic index dropped to a level of 95.9 in March, … Continue reading →

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GBP/USD: British pound trading lower in the morning session

Posted on May 28, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.2682, after UK Prime Minister Theresa May announced that she would resign from her position. On Friday, data indicated that UK’s … Continue reading →

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EUR/USD: Euro extends its losses in the Asian session

Posted on May 28, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.1193, following reports that the European Union is planning to take disciplinary action against Italy for its failure to meet budget … Continue reading →

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