Monthly Archives: May 2019

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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Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Posted on May 24, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.25% against the USD and closed at USD58.16 per barrel, as escalating US-China trade war tensions raised concerns over a slowdown in energy demand. In the Asian … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 24, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.04% against the USD and closed at USD14.59 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.56, with silver … Continue reading →

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Gold: Yellow metal extends gains in the Asian session

Posted on May 24, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.17% against the USD and closed at USD1288.50 per ounce, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1288.60, with gold … Continue reading →

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

Posted on May 24, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.6899. LME Copper prices declined 0.4% or $7.0/MT to $1740.0/MT. Aluminium prices declined 1.0% or $60.0/MT to $5860.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading slightly lower in the morning session

Posted on May 24, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD and closed at 1.3473. In the Asian session, at GMT0300, the pair is trading at 1.3476, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on May 24, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.60% against the CHF and closed at 1.0031. Data showed that Switzerland’s industrial output unexpectedly rose 4.3% on an annual basis in 1Q19, following a similar rise in … Continue reading →

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USD/JPY: Japan’s national consumer price index advanced as estimated in April

Posted on May 24, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.68% against the JPY and closed at 109.54. In economic news, Japan’s final machine tool orders sank 33.4% on an annual basis in April, confirming the preliminary print … Continue reading →

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GBP/USD: British Pound trading a tad lower in the morning session

Posted on May 24, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2663, after Prime Minister Theresa May’s second Brexit referendum was rejected in the parliament. In the Asian session, at GMT0300, the … Continue reading →

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