Monthly Archives: June 2019

EUR/USD: ECB left its key interest rate unchanged, delays rate hike

Posted on June 7, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.1278, after the European Central Bank (ECB) postponed its interest rate hike deadline. The ECB, in its June monetary policy meeting, … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: Oil reverses its losses in the morning session

Posted on June 6, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.89% against the USD and closed at USD51.50 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 6.8 million … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on June 6, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver slightly rose against the USD and closed at USD14.82 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.81, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Posted on June 6, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.51% against the USD and closed at USD1336.70 per ounce, amid expectations that the Federal Reserve would cut interest rates in the upcoming policy meeting. In the Asian session, … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s trade surplus unexpectedly narrowed in April

Posted on June 6, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.6970. LME Copper prices rose 0.5% or $28.5/MT to $5832.5/MT. Aluminium prices rose 0.8% or $14.5/MT to $1766.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher in the Asian session

Posted on June 6, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.3423. In the Asian session, at GMT0300, the pair is trading at 1.3413, with the USD trading 0.07% lower against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc extends its losses in the morning session

Posted on June 6, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9939. In the Asian session, at GMT0300, the pair is trading at 0.9945, with the USD trading 0.06% higher against the … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on June 6, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 108.24. In the Asian session, at GMT0300, the pair is trading at 108.28, with the USD trading marginally higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s services PMI advanced to 3-month high level in May

Posted on June 6, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.07% against the USD and closed at 1.2691. On the data front, Britain’s services PMI advanced to a level of 51.0 in May, expanding a at a three-month … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’ s services sector activity surprisingly rose in May

Posted on June 6, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1229. In economic news, Euro-zone’ s final services PMI unexpectedly rose to a level of 52.9 in May, compared to a … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data

Posted on June 5, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.06% against the USD and closed at USD53.03 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 3.6 million barrels … Continue reading →

Posted in Crude Oil | Comments Off