Daily Archives: August 9, 2019

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

Posted on August 9, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.44% against the USD and closed at USD52.73 per barrel, amid reports that Saudi Arabia and other OPEC members are exploring ways to halt the decline in … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on August 9, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.53% against the USD and closed at USD16.98 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.07, with silver trading 0.53% higher against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading a tad lower in the Asian session

Posted on August 9, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.58% against the USD and closed at USD1517.00 per ounce, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1516.40, with … Continue reading →

Posted in Gold | Comments Off

AUD/USD: RBA could ease its record-low interest rates to zero or negative: RBA Governor

Posted on August 9, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.50% against the USD and closed at 0.6797. LME Copper prices rose 0.9% or $49.5/MT to $5723.0/MT. Aluminium prices rose 0.6% or $9.5/MT to $1737.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s new housing price index declined more-than-expected in June

Posted on August 9, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD and closed at 1.3231. Data showed that Canada’s new housing price index fell 0.2% on an annual basis in June, compared to a flat … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on August 9, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9740. In the Asian session, at GMT0300, the pair is trading at 0.9738, with the USD trading a tad lower against … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s annualised gross domestic product grew in 2Q 2019 albeit at a slower pace

Posted on August 9, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the JPY and closed at 105.83. In the Asian session, at GMT0300, the pair is trading at 106.02, with the USD trading 0.18% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

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

Posted on August 9, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2140. In the Asian session, at GMT0300, the pair is trading at 1.2139, with the GBP trading slightly lower against the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s outlook remains affected amid prolonged uncertainties: ECB bulletin

Posted on August 9, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1187. The European Central Bank (ECB), in its economic bulletin report, stated that the common currency region outlook remained affected in … Continue reading →

Posted in EUR/USD | Comments Off