Monthly Archives: August 2019

GBP/USD: UK’s retail sales advanced more-than-expected in July

Posted on August 16, 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 1.2089, on the back of upbeat UK retail sales data. On the macro front, UK’s retail sales rose 3.3% on a … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on August 16, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.1110, amid dovish comments from the European Central Bank Governing Council member, Olli Rehn. Separately, the US dollar rose against the … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on August 15, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.42% against the USD and closed at USD54.77 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 1.6 million … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 15, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.53% against the USD and closed at USD17.21 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.32, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on August 15, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.18% against the USD and closed at USD1530.00 per ounce, amid fears of recession. In the Asian session, at GMT0300, the pair is trading at 1531.00, with gold trading … Continue reading →

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AUD/USD: Australia’s consumer inflation expectations climbed in August

Posted on August 15, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.69% against the USD and closed at 0.6751. LME Copper prices rose 0.6% or $35.0/MT to $5732.0/MT. Aluminium prices rose 0.6% or $10.0/MT to $1741.0/MT. In the Asian … Continue reading →

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

Posted on August 15, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CAD and closed at 1.3318. In the Asian session, at GMT0300, the pair is trading at 1.3304, with the USD trading 0.11% lower against the … Continue reading →

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

Posted on August 15, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CHF and closed at 0.9731. In the Asian session, at GMT0300, the pair is trading at 0.9733, with the USD trading a tad higher against … Continue reading →

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USD/JPY: Japan’s industrial production fell less than market expectations in June

Posted on August 15, 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 105.83. In the Asian session, at GMT0300, the pair is trading at 105.91, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: UK’s consumer price inflation rises beyond central bank’s 2% target in July

Posted on August 15, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2060, as Britain’s consumer price inflation advanced beyond banks 2% target. On the macro front, UK’s consumer price index (CPI) rose … Continue reading →

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EUR/USD: Euro-zone’s economy grew as estimated in 2Q 2019

Posted on August 15, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1143. Data showed that Euro-zone’s seasonally adjusted second estimate of gross domestic product (GDP) rose 0.2% on a quarterly basis in … Continue reading →

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