Monthly Archives: August 2019

Silver: White metal trading on a stronger footing this morning

Posted on August 5, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.61% against the USD and closed at USD16.21 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.28, with silver trading 0.46% higher … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on August 5, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.32% against the USD and closed at USD1454.80 per ounce on Friday, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Australia’s AIG performance of services index contracted in July

Posted on August 5, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.6797 on Friday. LME Copper prices declined 1.8% or $107.0/MT to $5769.0/MT. Aluminium prices declined 0.5% or $8.0/MT to $1749.0/MT. In … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on August 5, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3214 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3232, with the USD trading 0.13% higher … Continue reading →

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USD/CHF: Switzerland’s manufacturing PMI fell to a decade low level in July

Posted on August 5, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CHF and closed at 0.9824 on Friday. In economic news, Switzerland’s consumer price index fell 0.5% on a monthly basis in July, more than market … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the morning session

Posted on August 5, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.80% against the JPY and closed at 106.58 on Friday. In the Asian session, at GMT0300, the pair is trading at 106.01, with the USD trading 0.54% lower … Continue reading →

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GBP/USD: UK’s construction PMI rose less than market forecast in July

Posted on August 5, 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 1.2152 on Friday. Data showed that UK’s construction PMI rose to a level of 45.3 in July, less than market consensus … Continue reading →

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EUR/USD: Euro-zone’s retail sales rose more-than-expected in June

Posted on August 5, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1107 on Friday. On the data front, Euro-zone’s retail sales advanced 1.1% on a monthly basis in June, surpassing market consensus … Continue reading →

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

Posted on August 2, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.06% against the USD and closed at USD54.39 per barrel, as US President Donald Trump decided to impose new tariffs on Chinese goods. In the Asian session, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 2, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD16.31 per ounce, tracking loss in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.25, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on August 2, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.18% against the USD and closed at USD1456.40 per ounce, after Preside Donald Trump announced additional tariffs on Chinses imports. In the Asian session, at GMT0300, the pair is … Continue reading →

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