Monthly Archives: September 2019

USD/CHF: Switzerland’s real retail sales advanced at its fastest pace in 9 months in July

Posted on September 3, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9907. Data indicated that Switzerland’s SVME manufacturing PMI rose to a level of 47.2 in August, surpassing market expectations for an … Continue reading →

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USD/JPY: Japanese Yen trading lower in the morning session

Posted on September 3, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 106.19. In the Asian session, at GMT0300, the pair is trading at 106.37, with the USD trading 0.17% higher against the … Continue reading →

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GBP/USD: UK’s manufacturing sector activity unexpectedly fell to a seven-year low level in August

Posted on September 3, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.75% against the USD and closed at 1.2065, amid escalating political uncertainties related to no-deal Brexit. On the data front, UK’s manufacturing PMI unexpectedly declined to a seven-year … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI contracted in August

Posted on September 3, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.0965. In economic news, Euro-zone’s final manufacturing PMI contracted to a level of 47.0 in August, meeting market consensus and confirming … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on September 2, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.65% against the USD and closed at USD55.09 per barrel on Friday, after Russian Energy Minister, Alexander Novak, stated that Russia’s oil output cuts in August will … Continue reading →

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Silver: White metal trading flat in the morning session

Posted on September 2, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.57% against the USD and closed at USD18.45 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 18.45, with silver trading flat against … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on September 2, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.22% against the USD and closed at USD1533.10 per ounce on Friday, amid reports that the US and China would resume trade negotiations. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Aussie trading lower, ahead of RBA’s interest rate decision

Posted on September 2, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.6734 on Friday. LME Copper prices declined 0.8% or $44.0/MT to $5678.0/MT. Aluminium prices declined 0.1% or $1.0/MT to $1712.5/MT. In … Continue reading →

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USD/CAD: Canada’s economy grew at its quickest pace since 2017 in 2Q 2019

Posted on September 2, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD and closed at 1.3315 on Friday. Data showed that Canada’s annualised gross domestic product (GDP) advanced 3.7% on a quarterly basis in 2Q 2019, … Continue reading →

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USD/CHF: Switzerland’s KOF leading indicator fell more-than-expected in August

Posted on September 2, 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 0.9896 on Friday. Data revealed that Switzerland’s KOF leading indicator fell to a level of 91.5 in August, more than market … Continue reading →

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USD/JPY: Japan’s construction orders rose in July, while housing starts cooled in the same month

Posted on September 2, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the JPY and closed at 106.22 on Friday. Data indicated that Japan’s construction orders jumped 26.9% on an annual basis in July, following a decline of … Continue reading →

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