Monthly Archives: July 2019

GBP/USD: UK’s consumer price inflation advanced as estimated in June

Posted on July 18, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.2433. Data showed that UK’s consumer price index (CPI) advanced 2.0% on an annual basis in June, in line with market … Continue reading →

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EUR/USD: Eurozone’s consumer price inflation grew more-than-expected in June

Posted on July 18, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1227, amid upbeat inflation data in the Eurozone. On the data front, Eurozone’s consumer price index (CPI) rose 0.2% on a … Continue reading →

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

Posted on July 17, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.00% against the USD and closed at USD57.59 per barrel, as Iran tensions eased, after the US Secretary of State, Mike Pompeo, stated that Iran is ready … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 17, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.68% against the USD and closed at USD1408.20 per ounce, amid broad strength in the US dollar, following robust US retail sales data. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Australia’s Westpac leading index fell in June

Posted on July 17, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.41% against the USD and closed at 0.7012. LME Copper prices declined 0.6% or $38.5/MT to $5959.0/MT. Aluminium prices rose 0.4% or $8.0/MT to $1818.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher, ahead of key economic releases

Posted on July 17, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD and closed at 1.3085. In the Asian session, at GMT0300, the pair is trading at 1.3081, with the USD trading slightly lower against the … Continue reading →

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

Posted on July 17, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9880. In the Asian session, at GMT0300, the pair is trading at 0.9875, with the USD trading 0.05% lower against the … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on July 17, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the JPY and closed at 108.25. In the Asian session, at GMT0300, the pair is trading at 108.17, with the USD trading 0.07% lower against the … Continue reading →

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GBP/USD: UK’s ILO unemployment rate remained steady at a 44-year low rate in the three months ended May 2019 period

Posted on July 17, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.88% against the USD and closed at 1.2409, amid growing concerns of a no-deal Brexit. On the data front, UK’s ILO unemployment rate remained unchanged at a 44-year … Continue reading →

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EUR/USD: Euro-zone’s trade surplus expanded more-than-estimated in May

Posted on July 17, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1211. On the macro front, Euro-zone’s seasonally adjusted trade surplus widened to €20.2 billion in May, surpassing market expectations for a … Continue reading →

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on July 16, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.97% against the USD and closed at USD59.37 per barrel, after oil production in the Gulf of Mexico restarted, after Hurricane Barry swept through over the weekend. … Continue reading →

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