Monthly Archives: August 2019

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil inventories data

Posted on August 14, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.56% against the USD and closed at USD56.71 per barrel, amid easing US-China trade tensions. In the Asian session, at GMT0300, the pair is trading at 56.43, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 14, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.73% against the USD and closed at USD16.95 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.92, with silver … Continue reading →

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Gold: Yellow metal trading slightly lower in the morning session

Posted on August 14, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.77% against the USD and closed at USD1512.70 per ounce, after the US government delayed tariffs on certain Chinese goods. In the Asian session, at GMT0300, the pair is … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence index advanced in August

Posted on August 14, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.68% against the USD and closed at 0.6797. LME Copper prices declined 0.5% or $27.5/MT to $5697.0/MT. Aluminium prices dropped 0.7% or $12.0/MT to $1731.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower in the morning session

Posted on August 14, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.3222. In the Asian session, at GMT0300, the pair is trading at 1.3223, with the USD trading marginally higher against the … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on August 14, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.72% against the CHF and closed at 0.9760. In the Asian session, at GMT0300, the pair is trading at 0.9750, with the USD trading 0.11% lower against the … Continue reading →

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USD/JPY: Japan’s machine tool orders declined in July

Posted on August 14, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.33% against the JPY and closed at 106.67. Data indicated that Japan’s preliminary machine tool orders fell 33.0% on an annual basis in July, following a decline of … Continue reading →

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GBP/USD: UK’s ILO unemployment rate unexpectedly rose to its highest level since 1971 in three months ended June 2019

Posted on August 14, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.14% against the USD and closed at 1.2061. On the macro front, UK’s ILO unemployment rate unexpectedly climbed 3.9% in the three months ended June 2019, marking its … Continue reading →

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EUR/USD: Euro-zone’s economic sentiment index fell in August

Posted on August 14, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1216. On the data front, Euro-zone’s economic sentiment index declined to a level of -43.6 in August, compared to a reading … Continue reading →

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

Posted on August 13, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.94% against the USD and closed at USD54.76 per barrel, amid possibilities of OPEC led output cut and reduction in Saudi Arabian shipments. In the Asian session, … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 13, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.86% 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 17.28, with silver … Continue reading →

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