Daily Archives: August 2, 2019

Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Posted on August 2, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.06% against the USD and closed at USD54.39 per barrel, as US President Donald Trump decided to impose new tariffs on Chinese goods. In the Asian session, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 2, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD16.31 per ounce, tracking loss in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.25, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on August 2, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.18% against the USD and closed at USD1456.40 per ounce, after Preside Donald Trump announced additional tariffs on Chinses imports. In the Asian session, at GMT0300, the pair is … Continue reading →

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AUD/USD: Australia’s retail sales rose to a 4-month high level in June

Posted on August 2, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.67% against the USD and closed at 0.6803. LME Copper prices declined 0.8% or $50.0/MT to $5876.0/MT. Aluminium prices declined 1.1% or $19.5/MT to $1757.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s RBC manufacturing PMI advanced in July

Posted on August 2, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3213. On the macro front, Canada’s RBC manufacturing PMI climbed to a level of 50.2 in July, following a level of … Continue reading →

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

Posted on August 2, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9902. In the Asian session, at GMT0300, the pair is trading at 0.9889, with the USD trading 0.14% lower against the … Continue reading →

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

Posted on August 2, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.21% against the JPY and closed at 107.45. In the Asian session, at GMT0300, the pair is trading at 107.07, with the USD trading 0.35% lower against the … Continue reading →

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GBP/USD: BoE kept its interest rate steady at 0.75%

Posted on August 2, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.29% against the USD and closed at 1.2123. The Bank of England, in its latest monetary policy meeting, decided to leave its key interest rate steady at 0.75%, … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI contracted at its quickest rate since 2012 in July

Posted on August 2, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1080. On the data front, Euro-zone’s final manufacturing PMI contracted to a level of 46.5 in July, declining to its lowest … Continue reading →

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