Monthly Archives: May 2019

USD/JPY: Japan’s consumer confidence index eased to a 3-year low level in April

Posted on May 10, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the JPY and closed at 109.72. In economic news, Japan’s consumer confidence index eased to a 3-year low level of 40.4 in April and less than … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: British Pound reverses its losses in the morning session

Posted on May 10, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3010, amid diminishing hopes for a Brexit breakthrough between the Conservative and opposition Labour parties. In the Asian session, at GMT0300, … Continue reading →

Posted in GBP/USD | Comments Off

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

Posted on May 10, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1220. In the US, data showed that the producer price index advanced 2.2% on an annual basis in April, undershooting market … Continue reading →

Posted in EUR/USD | Comments Off

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 →

Posted in Crude Oil | Comments Off

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 →

Posted in Silver | Comments Off

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 →

Posted in Gold | Comments Off

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 →

Posted in AUD/USD | Comments Off

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 →

Posted in USD/CAD | Comments Off

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 →

Posted in USD/CHF | Comments Off

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 →

Posted in USD/JPY | Comments Off

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 →

Posted in GBP/USD | Comments Off