Monthly Archives: August 2019

EUR/USD: Euro extends its losses in the morning session

Posted on August 23, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1083. Data showed that Euro-zone’s manufacturing PMI unexpectedly rose to a level of 47.0 in August, defying market expectations for a … Continue reading →

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Crude Oil: Oil extends its losses in the Asian session

Posted on August 22, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.12% against the USD and closed at USD56.04 per barrel, after the Energy Information Administration (EIA) reported a less than expected decline in US crude inventories. The … Continue reading →

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Silver: White metal trading on a negative footing this morning

Posted on August 22, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.70% against the USD and closed at USD17.24 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.21, with silver trading 0.17% lower against the … Continue reading →

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Gold: Yellow metal trading a tad lower this morning

Posted on August 22, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.31% against the USD and closed at USD1512.40 per ounce, amid rise in global equities. In the Asian session, at GMT0300, the pair is trading at 1511.90, with gold … Continue reading →

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

Posted on August 22, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.6784. LME Copper prices marginally declined to $5696.5/MT. Aluminium prices fell 0.3% or $5.5/MT to $1751.0/MT. In the Asian session, at … Continue reading →

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USD/CAD: Canada’s consumer price inflation remained steady in July

Posted on August 22, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3287. In economic news, Canada’s consumer price index rose 2.0% on an annual basis in July, beating market expectations for a … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on August 22, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.9821. On the data front, Switzerland’s M3 money supply rose 3.1% on an annual basis in July, compared to a rise … Continue reading →

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USD/JPY: Japanese Yen trading higher, ahead of key economic data

Posted on August 22, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 106.59. In the Asian session, at GMT0300, the pair is trading at 106.45, with the USD trading 0.13% lower against the … Continue reading →

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GBP/USD: UK public sector net borrowing reported a surplus in July

Posted on August 22, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.28% against the USD and closed at 1.2130. On the macro front, UK’s public sector net borrowing (excluding temporary effects of financial interventions) posted a less than expected … Continue reading →

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EUR/USD: Euro trading a tad lower in the morning session

Posted on August 22, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1091. In the US, data showed that existing home sales rose 2.5% to a level of 5.42 million on monthly basis … Continue reading →

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

Posted on August 21, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil remained flat against the USD and closed at USD56.11 per barrel. Separately, the American Petroleum Institute reported that the US crude oil inventories fell by 3.5 million barrels … Continue reading →

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