Monthly Archives: July 2019

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

Posted on July 12, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9898. In the Asian session, at GMT0300, the pair is trading at 0.9896, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japan’s final industrial production declined more-than-expected in May

Posted on July 12, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the JPY and closed at 108.48. In economic news, Japan’s final industrial production fell 2.1% on an annual basis in May, more than market expectations for … Continue reading →

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GBP/USD: Sterling extends its gains in the Asian session

Posted on July 12, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2528. The Bank of England (BoE), in its semi-annual Financial Stability Report (FSR), warned that the increasing likelihood of a no-deal … Continue reading →

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EUR/USD: ECB hinted possibilities for further monetary policy easing

Posted on July 12, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1256. The European Central Bank, in the account of its latest policy meeting, indicated its readiness to provide fresh stimulus to … Continue reading →

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Crude Oil: Oil trading on a positive footing this morning

Posted on July 11, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.30% against the USD and closed at USD60.42 per barrel, after the US Energy Information Administration (EIA) report revealed that crude supplies fell by 9.5 million barrels … Continue reading →

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Silver: White metal trading a tad higher in the morning session

Posted on July 11, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.09% against the USD and closed at USD15.29 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.295, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on July 11, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.75% against the USD and closed at USD1421.70 per ounce, amid broad weakness in the US dollar, following dovish comments by the US Fed Chairman. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on July 11, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.52% against the USD and closed at 0.6964. LME Copper prices remained flat at $5805.0/MT. Aluminium prices rose 1.6% or $28.5/MT to $1811.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie rises following BoC’s policy decision

Posted on July 11, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD and closed at 1.3076. The Canadian dollar climbed yesterday, after the Bank of Canada (BoC) in its policy meeting indicated that it had no … Continue reading →

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

Posted on July 11, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9883. In the Asian session, at GMT0300, the pair is trading at 0.9859, with the USD trading 0.24% lower against the … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on July 11, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the JPY and closed at 108.35. In the Asian session, at GMT0300, the pair is trading at 107.94, with the USD trading 0.38% lower against the … Continue reading →

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