Daily Archives: June 3, 2019

Crude Oil: Oil trading extends its losses in the Asian session

Posted on June 3, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.83% against the USD and closed at USD53.29 per barrel on Friday, after US President Donald Trump decided to impose tariffs on Mexico thereby raising concerns over … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on June 3, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.41% against the USD and closed at USD14.56 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.63, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on June 3, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.38% against the USD and closed at USD1310.80 per ounce, amid weakness in the US dollar and US equities. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Aussie trading higher, ahead of RBA’s interest rate decision

Posted on June 3, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.32% against the USD and closed at 0.6935 On Friday. LME Copper prices declined 0.7% or $42.5/MT to $5780.5/MT. Aluminium prices declined 0.1% or $1.0/MT to $1761.0/MT. In … Continue reading →

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USD/CAD: Canada’s annualised gross domestic product advanced in 1Q 2019

Posted on June 3, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3516 on Friday. On the macro front, Canada’s annualised gross domestic product rose 0.4% on a quarterly basis in 1Q 2019, … Continue reading →

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USD/CHF: Switzerland’s real retail sales fell in April

Posted on June 3, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CHF and closed at 1.0014 on Friday. In economic news, Switzerland’s real retail sales eased 0.7% on an annual basis in April, compared to market … Continue reading →

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USD/JPY: Japan’s consumer confidence index unexpectedly declined in May

Posted on June 3, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.11% against the JPY and closed at 108.36 on Friday. Data showed that Japan’s annualised housing starts dropped 5.7% on a yearly basis in April, more than market … Continue reading →

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GBP/USD: UK’s net consumer credit advanced at its slowest pace since 2014 in April

Posted on June 3, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.2641 on Friday. On the data front, UK’s seasonally adjusted Nationwide house prices index unexpectedly declined 0.2% on a monthly basis … Continue reading →

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EUR/USD: Germany’s consumer price inflation slowed in May

Posted on June 3, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1169 on Friday. Macroeconomic data showed that Germany’s preliminary consumer price inflation (CPI) slowed to 0.2% on a monthly basis in … Continue reading →

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