Monthly Archives: July 2019

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

Posted on July 31, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.73% against the USD and closed at USD58.18 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 6.0 million barrels … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 31, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.67% against the USD and closed at USD16.58 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.5, with silver … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 31, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.48% against the USD and closed at USD1444.00 per ounce, amid hopes of an interest rate cut by the US Federal Reserve. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Australia’s consumer price index rose more-than-estimated in 2Q 2019

Posted on July 31, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.40% against the USD and closed at 0.6875. LME Copper prices declined 0.1% or $6.5/MT to $5943.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1781.5/MT. In the Asian … Continue reading →

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

Posted on July 31, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD and closed at 1.3150. In the Asian session, at GMT0300, the pair is trading at 1.3137, with the USD trading 0.10% lower against the … Continue reading →

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USD/CHF: Switzerland’s KOF economic barometer surprisingly advanced in July

Posted on July 31, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9900. In economic news, Switzerland’s KOF economic barometer unexpectedly rose to a level of 97.1 in July, defying market consensus for … Continue reading →

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USD/JPY: Japanese Yen trading a tad higher in the morning session

Posted on July 31, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 108.60. In the Asian session, at GMT0300, the pair is trading at 108.55, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: UK’s Gfk consumer confidence index unexpectedly climbed in July

Posted on July 31, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.52% against the USD and closed at 1.2160, amid mounting worries over no-deal Brexit. On the macro front, UK’s Gfk consumer confidence index unexpectedly rose to a level … Continue reading →

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EUR/USD: Euro-zone’s economic sentiment index declined to a 3-year low level in July

Posted on July 31, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.11157. On the data front, Euro-zone’s final consumer confidence index recorded an advance to a level of -6.6 in July, meeting … Continue reading →

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

Posted on July 30, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.91% against the USD and closed at USD57.19 per barrel, after trade talks between the US and China resumed, renewing hopes for a near-term deal and expectations … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 30, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.18% against the USD and closed at USD16.47 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.45, with silver … Continue reading →

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