Monthly Archives: May 2019

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on May 15, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.57% against the USD and closed at USD61.30 per barrel, amid worries over crude oil supplies, following reports of attacks on major Saudi facilities. Separately, the American … Continue reading →

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Silver: White metal slightly lower in the morning session

Posted on May 15, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.14% against the USD and closed at USD14.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.80, with silver trading marginally lower against the … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on May 15, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at USD1297.80 per ounce, amid optimism over trade talks between the US and China. In the Asian session, at GMT0300, the pair is … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence index climbed in May

Posted on May 15, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.06% against the USD and closed at 0.6941. LME Copper prices declined 0.6% or $35.5/MT to $6007.0/MT. Aluminium prices rose 1.5% or $26.5/MT to $1792.0/MT. In the Asian … Continue reading →

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

Posted on May 15, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.3460. In the Asian session, at GMT0300, the pair is trading at 1.3462, with the USD trading slightly higher against the … Continue reading →

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USD/CHF: Switzerland’s producer and import prices fell in April

Posted on May 15, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 1.0085. In economic news, Switzerland’s producer and import prices dropped 0.6% on a yearly basis in April, more than market expectations … Continue reading →

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USD/JPY: Japanese Yen trading slightly higher in the morning session

Posted on May 15, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the JPY and closed at 109.65. In the Asian session, at GMT0300, the pair is trading at 109.64, with the USD trading a tad lower against … Continue reading →

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GBP/USD: UK’s ILO unemployment rate eased to a 45-year low rate in the January-March 2019

Posted on May 15, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2910. Data showed that UK’s ILO unemployment rate unexpectedly slid to a 45-year low rate of 3.8% in the January-March 2019 … Continue reading →

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EUR/USD: Euro-zone’s industrial production declined as estimated in March

Posted on May 15, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1207. On the data front, the Euro-zone’s seasonally adjusted industrial production fell 0.3% on a monthly basis in March, declining for … Continue reading →

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

Posted on May 14, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.01% against the USD and closed at USD60.95 per barrel, as rising US-China trade tensions fuelled concerns over global economic growth. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 14, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.37% against the USD and closed at USD14.78 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.79, with silver … Continue reading →

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