Daily Archives: July 3, 2019

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

Posted on July 3, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.94% against the USD and closed at USD56.54 per barrel. Separately, the American Petroleum Institute (API) reported that US crude oil inventories fell by 5.0 million barrels … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 3, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.09% against the USD and closed at USD15.37 per ounce, supported by gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.36, with … Continue reading →

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Gold: Yellow metal trading marginally lower in the Asian session

Posted on July 3, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.49% against the USD and closed at USD1426.00 per ounce, as investors preferred to seek shelter in the safe haven asset amid concerns over the health of the global … Continue reading →

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AUD/USD: Australia’s trade surplus expanded at a record high level in May

Posted on July 3, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.39% against the USD and closed at 0.6994, after the Reserve Bank Governor Philip Lowe, in a post-meeting statement, indicated that the monetary policy easing would support employment … Continue reading →

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USD/CAD: Canada’s manufacturing sector activity contracted for the third consecutive month in June

Posted on July 3, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3104. Data indicated that Canada’s Markit manufacturing PMI contracted for the third straight month to a level of 49.2 in June, … Continue reading →

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USD/CHF: Swiss Franc trading higher in the morning session

Posted on July 3, 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 0.9854. In the Asian session, at GMT0300, the pair is trading at 0.9846, with the USD trading 0.08% lower against the … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on July 3, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the JPY and closed at 107.86. In the Asian session, at GMT0300, the pair is trading at 107.59, with the USD trading 0.25% lower against the … Continue reading →

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GBP/USD: UK’s construction PMI surprisingly fell to a decade low level in June

Posted on July 3, 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 1.2597, after the Bank of England’s Governor, Mark Carney signalled that the economy could lose its momentum in case of a … Continue reading →

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EUR/USD: Eurozone’s producer price index rose less-than-expected in May

Posted on July 3, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1291. On the macro front, the Eurozone’s producer price index (PPI) advanced 1.6% on a yearly basis in May, undershooting market … Continue reading →

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