Monthly Archives: August 2019

USD/JPY: Japanese Yen trading on a positive footing in the morning session

Posted on August 27, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the JPY and closed at 106.10. In the Asian session, at GMT0300, the pair is trading at 105.73, with the USD trading 0.35% lower against the … Continue reading →

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GBP/USD: British Pound extends its losses in the morning session

Posted on August 27, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.35% against the USD and closed at 1.2222. In the Asian session, at GMT0300, the pair is trading at 1.2215, with the GBP trading 0.06% lower against the … Continue reading →

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EUR/USD: Germany’s Ifo business expectations index declined to a seven-year low level in August

Posted on August 27, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1100. On the data front, Germany’s Ifo business expectations index fell to a seven-year low level of 91.3 in August, amid … Continue reading →

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

Posted on August 23, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.07% against the USD and closed at USD55.44 per barrel, amid worries over global oil demand and ahead of the US Fed Chairman, Jerome Powell’s speech in … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 23, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.49% against the USD and closed at USD17.16 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.14, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session, ahead of Fed’s Jackson Hole meeting

Posted on August 23, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at USD1508.10 per ounce, ahead of the Jackson Hole summit on future US interest rate cuts. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Aussie trading marginally higher this morning

Posted on August 23, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.6758. LME Copper prices declined 0.5% or $28.5/MT to $5668.0/MT. Aluminium prices fell 0.7% or $12.0/MT to $1739.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower, ahead of Canada’s retail sales data

Posted on August 23, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3297. In the Asian session, at GMT0300, the pair is trading at 1.3315, with the USD trading 0.14% higher against the … Continue reading →

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USD/CHF: Swiss industrial output improved in 2Q

Posted on August 23, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9836. Data showed that Switzerland’s industrial production rose 4.8% on an annual basis in 2Q, compared to a revised rise of … Continue reading →

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USD/JPY: Japanese Yen trading lower, following dismal inflation data

Posted on August 23, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the JPY and closed at 106.46. In the Asian session, at GMT0300, the pair is trading at 106.56, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: British Pound reverses its gains in the morning session

Posted on August 23, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.01% against the USD and closed at 1.2253, after German Chancellor, Angela Merkel, highlighted the possibility of a negotiated departure of Britain from the European Union. In the … Continue reading →

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