Monthly Archives: July 2019

Silver: White metal trading on a weaker footing this morning

Posted on July 1, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.36% against the USD and closed at USD15.35 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.25, … Continue reading →

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Gold: Yellow metal reverses its gains in the Asians session

Posted on July 1, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.08% against the USD and closed at USD1413.00 per ounce on Friday, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1394.30, … Continue reading →

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AUD/USD: Aussie reverses its gains in the Asian session

Posted on July 1, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.21% against the USD and closed at 0.7020 on Friday. LME Copper prices rose 0.3% or $18.5/MT to $5972.0/MT. Aluminium prices declined 0.5% or $8.5/MT to $1773.5/MT. In … Continue reading →

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USD/CAD: Canada’s GDP growth surpassed expectations in April

Posted on July 1, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3096 on Friday. Data showed that Canada’s gross domestic product (GDP) advanced 0.3% on a monthly basis in April, more than … Continue reading →

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USD/CHF: Switzerland’s KOF economic barometer surprisingly fell in June

Posted on July 1, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9762 on Friday. On the macro front, Switzerland’s KOF economic barometer unexpectedly slid to a level of 93.6 in June, defying … Continue reading →

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USD/JPY: Japan’s housing starts plunged in May

Posted on July 1, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 107.81 on Friday. In economic news, Japan’s housing starts tumbled 8.7% on an annual basis in May, surpassing market consensus for … Continue reading →

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GBP/USD: UK’s gross domestic product advanced in 1Q 2019

Posted on July 1, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.2699 on Friday. Data revealed that UK’s final gross domestic product (GDP) advanced 0.5% on a quarterly basis in 1Q 2019, … Continue reading →

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EUR/USD: Euro-zone’s consumer price inflation advanced as estimated in June

Posted on July 1, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1371 on Friday. On the data front, the Euro-zone’s preliminary consumer price index (CPI) rose 1.2% on a yearly basis in … Continue reading →

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