Monthly Archives: June 2019

EUR/USD: Euro-zone’s manufacturing index advanced below estimates in June

Posted on June 24, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.67% against the USD and closed at 1.1368 on Friday. On the macro front, the Euro-zone’s preliminary manufacturing PMI rose to a level of 47.8 in June, undershooting … Continue reading →

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Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Posted on June 21, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 5.64% against the USD and closed at USD57.31 per barrel, amid rising geopolitical tensions, after Iran shot down a US military drone. In the Asian session, at … Continue reading →

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Silver: White metal trading on a stronger footing in the Asian session

Posted on June 21, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.98% against the USD and closed at USD15.44 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.50, with silver … Continue reading →

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Gold: Yellow metal extends its gain in the morning session

Posted on June 21, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.14% against the USD and closed at USD1391.9 per ounce, after the US Federal Reserve signalled rate cuts as early as next month to boost economic growth. In the … Continue reading →

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AUD/USD: Australia’s CBA manufacturing PMI climbed in June

Posted on June 21, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.48% against the USD and closed at 0.6920. LME Copper prices rose 1.1% or $67.0/MT to $5962.0/MT. Aluminium prices rose 1.8% or $31.5/MT to $1778.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on June 21, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD and closed at 1.3192. In the Asian session, at GMT0300, the pair is trading at 1.3169, with the USD trading 0.17% lower against the … Continue reading →

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USD/CHF: Switzerland’s trade surplus narrowed in May

Posted on June 21, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.19% against the CHF and closed at 0.9812. On the macro front, Switzerland’s seasonally adjusted trade surplus narrowed to CHF1.65 billion in May, following a revised surplus of … Continue reading →

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USD/JPY: Japan’s machine tool orders declined for the 8th consecutive month in May

Posted on June 21, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the JPY and closed at 107.30. Data indicated that Japan’s final machine tool orders plunged 27.3% on an annual basis in May, confirming the preliminary print … Continue reading →

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GBP/USD: BoE left its key interest rate unchanged at 0.75%

Posted on June 21, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.42% against the USD and closed at 1.2705. The Bank of England (BoE), in its latest policy meeting, kept its key interest rate unchanged at 0.75%, as widely … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index unexpectedly fell in June

Posted on June 21, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1292. On the data front, the Euro-zone’s preliminary consumer confidence index unexpectedly declined to a level of -7.2 in June, compared … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on June 20, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.35% against the USD and closed at USD54.25 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 3.1 million … Continue reading →

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