Monthly Archives: June 2019

USD/CAD: Canada’s building permits surged beyond estimates in April

Posted on June 11, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3266. In economic news, Canada’s building permits surged 14.7% on a monthly basis in April, compared to a revised rise of … Continue reading →

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

Posted on June 11, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9896. In the Asian session, at GMT0300, the pair is trading at 0.9899, with the USD trading a tad higher against … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on June 11, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 108.43. In the Asian session, at GMT0300, the pair is trading at 108.61, with the USD trading 0.17% higher against the … Continue reading →

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GBP/USD: Britain’s economic growth contracted in April

Posted on June 11, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2689, after dismal economic data. On the data front, the nation’s total trade deficit narrowed to £2.74 billion in April, following … Continue reading →

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EUR/USD: Euro trading a tad higher in the Asian session

Posted on June 11, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1314. In the US, data showed that the JOLTs job openings unexpectedly fell to a level of 7449.0K in April, compared … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on June 10, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.83% against the USD and closed at USD54.01 per barrel on Friday. Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs dropped … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on June 10, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.91% against the USD and closed at USD15.01 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.81, with silver … Continue reading →

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Gold: Yellow metal reverses its gain in the morning session

Posted on June 10, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.43% against the USD and closed at USD1344.70 per ounce on Friday, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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

Posted on June 10, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.30% against the USD and closed at 0.6998 on Friday. LME Copper prices declined 0.6% or $35.0/MT to $5770.0/MT. Aluminium prices declined 0.6% or $9.5/MT to $1733.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate unexpectedly declined to its lowest level since 1976 in May

Posted on June 10, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD and closed at 1.3283 on Friday. Data indicated that Canada’s unemployment rate unexpectedly fell to a rate of 5.4% in May, marking its lowest … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained flat in May

Posted on June 10, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CHF and closed at 0.9873 on Friday. On the macro front, Switzerland’s seasonally adjusted unemployment rate remained steady at a rate of 2.4% in May. … Continue reading →

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