Monthly Archives: August 2019

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

Posted on August 7, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.38% against the USD and closed at USD53.42 per barrel, as persistent trade tensions fuelled concerns over weakening energy demand. Separately, the Energy Information Administration (EIA), in … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 7, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.36% against the USD and closed at USD16.46 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.74, with silver trading 1.70% higher against the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on August 7, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.24% against the USD and closed at USD1488.70 per ounce, amid heightened US-China trade tensions. In the Asian session, at GMT0300, the pair is trading at 1496.10, with gold … Continue reading →

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AUD/USD: Australia’s AIG performance of construction index declined in July

Posted on August 7, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.10% against the USD and closed at 0.6760. LME Copper prices rose 0.4% or $20.0/MT to $5667.0/MT. Aluminium prices rose 0.6% or $10.0/MT to $1740.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on August 7, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.3284. In the Asian session, at GMT0300, the pair is trading at 1.3301, with the USD trading 0.13% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on August 7, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CHF and closed at 0.9757. In the Asian session, at GMT0300, the pair is trading at 0.9755, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japan’s leading economic index declined to a 9.5-year low level in June

Posted on August 7, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the JPY and closed at 106.41. On the data front, Japan’s preliminary coincident index slid to a level of 100.4 in June, in line with market … Continue reading →

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GBP/USD: Sterling extends its gains in the morning session

Posted on August 7, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.2166. In the Asian session, at GMT0300, the pair is trading at 1.2169, with the GBP trading marginally higher against the … Continue reading →

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EUR/USD: Germany’s factory orders advanced more-than-expected in June

Posted on August 7, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1201. In economic news, Germany’s seasonally adjusted factory orders rose 2.5% on a monthly basis in June, surpassing market consensus for … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on August 5, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.62% against the USD and closed at USD55.27 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active rigs fell by … Continue reading →

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