Monthly Archives: June 2019

AUD/USD: RBA slashes its benchmark interest rates to 1.25% from 1.50%

Posted on June 4, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.36% against the USD and closed at 0.6975. LME Copper prices rose 0.3% or $15.5/MT to $5796.0/MT. Aluminium prices rose 0.1% or $2.5/MT to $1763.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s RBC manufacturing PMI dropped in May

Posted on June 4, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.3444. On the data front, Canada’s RBC manufacturing PMI fell to a level of 49.1 in May, compared to a level … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s consumer price inflation slowed as estimated in May

Posted on June 4, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CHF and closed at 0.9923. In economic news, Switzerland’s consumer price inflation (CPI) slowed to 0.3% on a monthly basis in May, at par with … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on June 4, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the JPY and closed at 107.98. In the Asian session, at GMT0300, the pair is trading at 108.00, with the USD trading slightly higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s manufacturing sector activity contracted to its lowest level since July 2016 in May

Posted on June 4, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.2666. Data indicated that UK’s manufacturing PMI contracted to a level of 49.4 in May, declining to its lowest level since … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s manufacturing sector activity fell for the fourth consecutive month in May

Posted on June 4, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.1245. On the macro front, the Euro-zone’s final manufacturing PMI dropped to a level of 47.7 in May, contracting for the … Continue reading →

Posted in EUR/USD | Comments Off

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 →

Posted in Crude Oil | Comments Off

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 →

Posted in Silver | Comments Off

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 →

Posted in Gold | Comments Off

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 →

Posted in AUD/USD | Comments Off

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 →

Posted in USD/CAD | Comments Off