Monthly Archives: July 2019

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

Posted on July 26, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the JPY and closed at 108.66. In the Asian session, at GMT0300, the pair is trading at 108.58, with the USD trading 0.07% lower against the … Continue reading →

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GBP/USD: Sterling trading a tad lower in the Asian session

Posted on July 26, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.23% against the USD and closed at 1.2452. In the Asian session, at GMT0300, the pair is trading at 1.2449, with the GBP trading slightly lower against the … Continue reading →

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EUR/USD: ECB left its interest rate unchanged at 0.00%; signals further stimulus

Posted on July 26, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1146. The European Central Bank (ECB) left its benchmark interest rate unchanged at 0.00% and indicated that interest rates would remain … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on July 25, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.00% against the USD and closed at USD55.99 per barrel. Separately, the Energy Information Administration (EIA) report indicated that US crude oil stockpiles dropped by 10.8 million … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 25, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.40% against the USD and closed at USD16.63 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.56, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on July 25, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.48% against the USD and closed at USD1438.60 per ounce, amid hopes of monetary policy easing by major central banks. In the Asian session, at GMT0300, the pair is … Continue reading →

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AUD/USD: Central Bank prepared to further ease the monetary policy, says RBA Governor Philip Lowe

Posted on July 25, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.30% against the USD and closed at 0.6977. LME Copper prices rose 0.2% or $12.0/MT to $5980.0/MT. Aluminium prices rose marginally or $0.5/MT to $1795.5/MT. In the Asian … Continue reading →

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

Posted on July 25, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3141. In the Asian session, at GMT0300, the pair is trading at 1.3136, with the USD trading slightly lower against the … Continue reading →

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

Posted on July 25, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CHF and closed at 0.9846. In the Asian session, at GMT0300, the pair is trading at 0.9852, with the USD trading 0.06% higher against the … Continue reading →

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USD/JPY: Japan’s leading index declined to its lowest level since December 2012 in May

Posted on July 25, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 108.18. Data indicated that Japan’s coincident index advanced to a level of 103.4 in May, following a reading of 103.2 in … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals rose less-than-estimated in June

Posted on July 25, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.35% against the USD and closed at 1.2481. In economic news, UK’s BBA mortgage approvals advanced to a level of 42.65K in June, undershooting market expectations for a … Continue reading →

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