Daily Archives: August 16, 2019

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

Posted on August 16, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.09% against the USD and closed at USD54.82 per barrel. In the Asian session, at GMT0300, the pair is trading at 55.07, with oil trading 0.46% higher … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 16, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD17.23 per ounce, tracing gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.19, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on August 16, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.23% against the USD and closed at USD1532.10 per ounce, amid rising fears over slowdown in global economic growth and uncertainty about US-China trade deal. In the Asian session, … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on August 16, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.35% against the USD and closed at 0.6774. LME Copper prices declined 0.6% or $35.5/MT to $5696.5/MT. Aluminium prices rose 0.1% or $1.5/MT to $1742.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales climbed beyond market estimates in July

Posted on August 16, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3315. Data indicated that Canada’s existing home sales rose 3.5% on a monthly basis in July, higher than market consensus for … Continue reading →

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USD/CHF: Switzerland’s producer and import price index eased in July

Posted on August 16, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9767. In economic news, Switzerland’s producer and import price index eased 1.7% on an annual basis in July, at par with … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the morning session

Posted on August 16, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the JPY and closed at 106.13. In the Asian session, at GMT0300, the pair is trading at 106.17, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: UK’s retail sales advanced more-than-expected in July

Posted on August 16, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.2089, on the back of upbeat UK retail sales data. On the macro front, UK’s retail sales rose 3.3% on a … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on August 16, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.1110, amid dovish comments from the European Central Bank Governing Council member, Olli Rehn. Separately, the US dollar rose against the … Continue reading →

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