GBP/USD: UK’s BBA mortgage approvals rose to a 2.5-year high level in July

Posted on August 28, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.52% against the USD and closed at 1.2285, amid continuous efforts by opposition political parties to avoid a ‘no-deal’ Brexit on 31 October. Data indicated that UK’s BBA … Continue reading →

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EUR/USD: Germany’s economy contracted as initially estimated in 2Q 2019

Posted on August 28, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1092. On the macro front, Germany’s seasonally adjusted final gross domestic product (GDP) fell 0.1% on a quarterly basis in 2Q … Continue reading →

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

Posted on August 27, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.82% against the USD and closed at USD53.88 per barrel, amid hopes of US-China trade deal. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Silver: White metal trading marginally higher this morning

Posted on August 27, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.39% against the USD and closed at USD17.77 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.77, with silver … Continue reading →

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Gold: Yellow metal trading a tad lower in the morning session

Posted on August 27, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.07% against the USD and closed at USD1537.40 per ounce, amid optimism over US-China trade deal, after both the countries agreed to renegotiate the trade deal. In the Asian … Continue reading →

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AUD/USD: Aussie reverses its gains in the morning session

Posted on August 27, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.59% against the USD and closed at 0.6773. LME Copper prices rose 0.1% or $7.0/MT to $5675.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1746.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on August 27, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD and closed at 1.3252. In the Asian session, at GMT0300, the pair is trading at 1.3237, with the USD trading 0.11% lower against the … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on August 27, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9790. In economic news, Switzerland’s total sight deposits rose to a level of CHF591.7 billion in the week ended 23 August, … Continue reading →

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USD/JPY: Japanese Yen trading on a positive footing in the morning session

Posted on August 27, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the JPY and closed at 106.10. In the Asian session, at GMT0300, the pair is trading at 105.73, with the USD trading 0.35% lower against the … Continue reading →

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GBP/USD: British Pound extends its losses in the morning session

Posted on August 27, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.35% against the USD and closed at 1.2222. In the Asian session, at GMT0300, the pair is trading at 1.2215, with the GBP trading 0.06% lower against the … Continue reading →

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EUR/USD: Germany’s Ifo business expectations index declined to a seven-year low level in August

Posted on August 27, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1100. On the data front, Germany’s Ifo business expectations index fell to a seven-year low level of 91.3 in August, amid … Continue reading →

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