Monthly Archives: September 2019

EUR/USD: Euro-zone’s economic growth slowed in 2Q 2019

Posted on September 9, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1026 on Friday. On the data front, Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.2% on a quarterly basis … Continue reading →

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

Posted on September 6, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.37% against the USD and closed at USD56.32 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 4.8 million … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on September 6, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 4.55% against the USD and closed at USD18.76 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.66, with silver … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on September 6, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 2.22% against the USD and closed at USD1527.10 per ounce, amid renewed optimism over US-China trade deal. In the Asian session, at GMT0300, the pair is trading at 1523.70, … Continue reading →

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AUD/USD: Australia’s AIG performance of construction index advanced in August

Posted on September 6, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.25% against the USD and closed at 0.6813. LME Copper prices rose 2.0% or $114.0/MT to $5777.0/MT. Aluminium prices rose 1.2% or $20.0/MT to $1754.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower in the morning session

Posted on September 6, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3230. In the Asian session, at GMT0300, the pair is trading at 1.3231, with the USD trading slightly higher against the … Continue reading →

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USD/CHF: Switzerland’s economic growth eased in 2Q 2019

Posted on September 6, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9858. On the macro front, Switzerland’s seasonally adjusted gross domestic product (GDP) rose 0.3% on a quarterly basis in 2Q 2019, … Continue reading →

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

Posted on September 6, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the JPY and closed at 107.01. In the Asian session, at GMT0300, the pair is trading at 107.08, with the USD trading 0.07% higher against the … Continue reading →

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GBP/USD: British Pound trading slightly higher in the Asian session

Posted on September 6, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.2328, after UK lawmakers voted to block a no-deal Brexit. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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EUR/USD: Germany’s factory orders eased more-than-expected in July

Posted on September 6, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1036. In economic news, Germany’s seasonally adjusted factory orders eased 2.7% on a monthly basis in July, compared to a revised … Continue reading →

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

Posted on September 5, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.95% against the USD and closed at USD56.11 per barrel, amid easing geopolitical trade tensions and strong economic data from China. Separately, the American Petroleum Institute (API) … Continue reading →

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