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

Posted on September 5, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the JPY and closed at 106.35. In the Asian session, at GMT0300, the pair is trading at 106.67, with the USD trading 0.30% higher against the … Continue reading →

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GBP/USD: UK’s services sector activity eased in August

Posted on September 5, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.34% against the USD and closed at 1.2250. On the macro front, UK’s services PMI fell to a level of 50.6 in August, compared to a reading of … Continue reading →

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EUR/USD: Euro-zone’s retail sales declined by the most since December 2018 in July

Posted on September 5, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.1034, as comments from European policymakers fuelled uncertainty over the scale of a European Central Bank stimulus package expected next week. … Continue reading →

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

Posted on September 4, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.44% against the USD and closed at USD53.98 per barrel, after China imposed a 5% tariff on all imports of US crude oil. In the Asian session, … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on September 4, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 4.75% against the USD and closed at USD19.41 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.50, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on September 4, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.27% against the USD and closed at USD1554.90 per ounce, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1553.60, with … Continue reading →

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AUD/USD: Australia’s GDP expands in 2Q 2019

Posted on September 4, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.73% against the USD and closed at 0.6762. LME Copper prices declined 1.3% or $73.5/MT to $5537.0/MT. Aluminium prices rose 0.1% or $2.0/MT to $1714.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of BoC’s interest rate decision

Posted on September 4, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.3341. In the Asian session, at GMT0300, the pair is trading at 1.3324, with the USD trading 0.13% lower against the … Continue reading →

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USD/CHF: Switzerland’s inflation advanced as expected in August

Posted on September 4, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9873. In economic news, Switzerland’s consumer price index (CPI) advanced 0.3% on an annual basis in August, meeting market expectations and … Continue reading →

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USD/JPY: Japan’s Nikkei services PMI rose to a 2-year high level in August

Posted on September 4, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the JPY and closed at 105.97. In the Asian session, at GMT0300, the pair is trading at 105.97, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: UK’s construction PMI unexpectedly fell to a decade low level in August

Posted on September 4, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.2088. Data showed that UK’s construction PMI unexpectedly eased to a level of 45.0 in August, marking its sharpest decline since … Continue reading →

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