Daily Archives: July 2, 2019

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

Posted on July 2, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.39% against the USD and closed at USD58.86 per barrel. Meanwhile, Organisation of the Petroleum Exporting Countries (OPEC) declared its decision to extend production cuts by nine … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 2, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.39% against the USD and closed at USD15.21 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.19, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on July 2, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.59% against the USD and closed at USD1387.80 per ounce, as strength in the US dollar and global equity markets dampened demand appeal for the precious yellow metal. In … Continue reading →

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AUD/USD: RBA trimmed its key interest rate to 1.00% from 1.25%

Posted on July 2, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.49% against the USD and closed at 0.6967. LME Copper prices rose 0.5% or $27.0/MT to $5999.0/MT. Aluminium prices rose 0.3% or $4.5/MT to $1778.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher in the Asian session

Posted on July 2, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD and closed at 1.3131. In the Asian session, at GMT0300, the pair is trading at 1.3129, with the USD trading slightly lower against the … Continue reading →

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USD/CHF: Switzerland’s real retail sales records its sharpest decline in 8 months in May

Posted on July 2, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CHF and closed at 0.9871, amid dismal economic data. In economic news, Switzerland’s SVME manufacturing PMI unexpectedly fell to a level of 47.7 in June, … Continue reading →

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USD/JPY: Japan’s consumer sentiment deteriorated more-than-expected in June

Posted on July 2, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 108.33. Data showed that Japan’s consumer confidence index declined to a level of 38.7 in June, more than market expectations of … Continue reading →

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GBP/USD: UK manufacturing sector activity fell to a six-year low level in June

Posted on July 2, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.40% against the USD and closed at 1.2647, after UK’s manufacturing sector activity unexpectedly eased to a six-year low level of 48.0 in June, reflecting the impact of … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI contracting for the fifth consecutive month in June

Posted on July 2, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.1289. On the data front, the Euro-zone’s final manufacturing PMI unexpectedly dropped to a level of 47.6 in June, contracting for … Continue reading →

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