Daily Archives: August 8, 2019

Crude Oil: Oil trading higher in the Asian session

Posted on August 8, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.72% against the USD and closed at USD52.50 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 2.4 million … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 8, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.74% against the USD and closed at USD17.07 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.165, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on August 8, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.70% against the USD and closed at USD1510.40 per ounce, as ongoing US-China trade tensions and concerns over global growth, increased demand for safe haven assets. In the Asian … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on August 8, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.6762. LME Copper prices rose 0.1% or $6.5/MT to $5673.5/MT. Aluminium prices declined 0.7% or $12.5/MT to $1728.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s Ivey PMI advanced in July

Posted on August 8, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3305. In economic news, Canada’s seasonally adjusted Ivey PMI climbed to a level of 54.2 in July, compared to a reading … Continue reading →

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

Posted on August 8, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 0.9748. In the Asian session, at GMT0300, the pair is trading at 0.9754, with the USD trading 0.06% higher against the … Continue reading →

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USD/JPY: Japan (BOP basis) posted a trade surplus in June

Posted on August 8, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 106.17. In the Asian session, at GMT0300, the pair is trading at 106.19, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: UK’s Halifax house price balance unexpectedly fell in July

Posted on August 8, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.2145. Data indicated that UK’s Halifax house prices unexpectedly fell 0.2% on a monthly basis in July, compared to a revised … Continue reading →

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EUR/USD: Germany’s industrial production declined more-than-estimated in June

Posted on August 8, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1205. On the macro front, Germany’s seasonally adjusted industrial production fell 1.5% on a monthly basis in June, following a revised … Continue reading →

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