Monthly Archives: September 2019

USD/CAD: Canada’s housing starts unexpectedly advanced in August

Posted on September 11, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3147. In economic news, Canada’s seasonally adjusted housing starts unexpectedly rose to a level of 226.6K in August, confounding market expectations … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the morning session

Posted on September 11, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9914. In the Asian session, at GMT0300, the pair is trading at 0.9921, with the USD trading 0.07% higher against the … Continue reading →

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USD/JPY: Japan’s machine tool orders sank in August

Posted on September 11, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the JPY and closed at 107.52. Data showed that Japan’s preliminary machine tool orders plunged 37.1% on an annual basis in August, following a drop of … Continue reading →

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GBP/USD: UK’s ILO unemployment rate unexpectedly fell to its lowest level since 1974 in three months ended July 2019

Posted on September 11, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.2354. On the data front, UK’s ILO unemployment rate unexpectedly eased to 3.8% in the May-July 2019 period, declining to its … Continue reading →

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EUR/USD: Euro trading flat in the Asian session

Posted on September 11, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1047. In the US, data showed that the NFIB small business optimism index fell to a 5-month low level of 103.1 … Continue reading →

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on September 10, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.27% against the USD and closed at USD58.12 per barrel, after Saudi Arabia’s new Energy Minister, Prince Abdulaziz bin Salman pledged to continue oil output cuts. In … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on September 10, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.96% against the USD and closed at USD18.07 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.89, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on September 10, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.80% against the USD and closed at USD1506.50 per ounce, amid rise in the US Treasury yields. In the Asian session, at GMT0300, the pair is trading at 1496.30, … Continue reading →

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AUD/USD: Australia’s NAB business confidence index declined in August

Posted on September 10, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.6866. LME Copper prices declined 0.3% or $16.5/MT to $5771.0/MT. Aluminium prices rose 0.4% or $7.5/MT to $1769.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the morning session

Posted on September 10, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3165. In the Asian session, at GMT0300, the pair is trading at 1.3172, with the USD trading 0.05% higher against the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained unchanged in August

Posted on September 10, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9920. On the macro front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.3% in August, in line with market expectations. … Continue reading →

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