Daily Archives: July 8, 2019

Crude Oil: Oil reverses its gains in the Asian session

Posted on July 8, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.27% against the USD and closed at USD57.61 per barrel on Friday, amid escalating tensions in the Middle East. In the Asian session, at GMT0300, the pair … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 8, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.25% against the USD and closed at USD15.02 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.03, … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on July 8, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.61% against the USD and closed at USD1402.00 per ounce on Friday, amid broad strength in the US dollar. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on July 8, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.65% against the USD and closed at 0.6980 on Friday. LME Copper prices declined 0.7% or $43.0/MT to $5857.0/MT. Aluminium prices rose 0.5% or $8.0/MT to $1779.5/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate rose as estimated in June

Posted on July 8, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3076 on Friday. Data showed that Canada’s unemployment rate advanced to 5.5% in June, meeting market expectations. The unemployment rate stood … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on July 8, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CHF and closed at 0.9917 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9903, with the USD trading 0.14% lower … Continue reading →

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USD/JPY: Japan’s leading economic index dropped to a 6.5 year low level in May

Posted on July 8, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the JPY and closed at 108.47 on Friday. In economic news, Japan’s preliminary leading economic index declined to a level of 95.2 in May, falling to … Continue reading →

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GBP/USD: UK’s Halifax house price index eased in June

Posted on July 8, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.2524 on Friday. Data indicated that UK’s Halifax house price index fell 0.3% on a monthly basis in June. The index … Continue reading →

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EUR/USD: Germany’s factory orders declined at its sharpest pace since financial crisis in May

Posted on July 8, 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 1.1225 on Friday. On the data front, Germany’s seasonally adjusted factory orders fell 2.2% on a monthly basis in May, marking … Continue reading →

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