Monthly Archives: May 2019

AUD/USD: Australia’s building approvals plunged more-than-anticipated in March

Posted on May 3, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.27% against the USD and closed at 0.6999. In the Asian session, at GMT0300, the pair is trading at 0.6997, with the AUD trading a tad lower against … Continue reading →

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

Posted on May 3, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3469. In the Asian session, at GMT0300, the pair is trading at 1.3466, with the USD trading slightly lower against the … Continue reading →

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USD/CHF: SVME manufacturing PMI unexpectedly contracted in April

Posted on May 3, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 1.0193. The Swiss Franc declined against the US dollar, amid dismal economic data Data showed that Switzerland’s SVME manufacturing PMI unexpectedly … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on May 3, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the JPY and closed at 111.52. In the Asian session, at GMT0300, the pair is trading at 111.49, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s construction PMI advanced beyond estimates in April

Posted on May 3, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.3033, after the Bank of England held its interest rate unchanged. The Bank of England in its latest monetary policy meeting, … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI contracted less-than-estimated in April

Posted on May 3, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1175. On the macro front, the Euro-zone’s final manufacturing PMI contracted to a level of 47.9 in April, compared to a … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on May 2, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.08% against the USD and closed at USD63.52 per barrel, amid escalation in Venezuela’s political turmoil. Separately, the Energy Information Administration (EIA) report indicated that US crude … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 2, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.70% against the USD and closed at USD14.71 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.66, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on May 2, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1279 per ounce, amid strength in the US dollar after the Federal Reserve opted to keep its interest rates steady. In the … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on May 2, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.40% against the USD and closed at 0.7018. LME Copper prices declined 0.7% or $44.0/MT to $6398.0/MT. Aluminium prices declined 1.9% or $33.5/MT to $1775.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s RBC manufacturing PMI contracted in April

Posted on May 2, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD and closed at 1.3438. In economic news, Canada’s RBC manufacturing PMI declined to a level of 49.7 April, following a level of 50.5 in … Continue reading →

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