Daily Archives: June 18, 2019

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

Posted on June 18, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.40% against the USD and closed at USD51.94 per barrel, after the Energy Information Administration report indicated that seven major US shale producers projected a rise in … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on June 18, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.13% against the USD and closed at USD14.82 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.84, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session

Posted on June 18, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.06% against the USD and closed at USD1343.70 per ounce. In the Asian session, at GMT0300, the pair is trading at 1344.90, with gold trading 0.09% higher against the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: RBA is likely to cut interest rates in near term

Posted on June 18, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.6855. LME Copper prices declined 0.9% or $49.0/MT to $5756.0/MT. Aluminium prices declined 1.0% or $17.5/MT to $1719.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on June 18, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3410. In the Asian session, at GMT0300, the pair is trading at 1.3404, with the USD trading marginally lower against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower in the Asian session

Posted on June 18, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9987. In economic news, Switzerland’s total sight deposits slightly rose to a level of CHF578.5 billion in the week ended 14 … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese extend its gains in the Asian session

Posted on June 18, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 108.56. In the Asian session, at GMT0300, the pair is trading at 108.38, with the USD trading 0.17% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Sterling trading lower in the morning session

Posted on June 18, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.2538, amid raising concerns over no-deal Brexit as Boris Johnson is likely to be the Prime Minister of UK. In the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro reverses its losses in the Asian session

Posted on June 18, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1221. In the US, data indicated that the NY Empire State manufacturing index dropped to a 3-year low level of -8.6 … Continue reading →

Posted in EUR/USD | Comments Off