USD/CAD: Canada’s economic growth advanced higher-than-anticipated in June

Posted on August 31, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2983. On the macro front, Canada’s gross domestic product (GDP) advanced 2.4% on an annual basis in June, higher than market … Continue reading →

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USD/CHF: Switzerland’s KOF economic barometer eased in August

Posted on August 31, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.9688. On the data front, Switzerland’s KOF economic barometer dipped to a level of 100.3 in August, following market expectations for … Continue reading →

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USD/JPY: Japan’s jobless rate unexpectedly advanced in July

Posted on August 31, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the JPY and closed at 111.04. In the Asian session, at GMT0300, the pair is trading at 111.03, with the USD trading a tad lower against … Continue reading →

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GBP/USD: UK’s net consumer credit grew at its slowest pace since November 2015 in August

Posted on August 31, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.11% against the USD and closed at 1.3010. Macroeconomic data showed that UK’s net consumer credit climbed £0.8 billion, rising at its slowest pace since November 2015 and … Continue reading →

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EUR/USD: Euro-zone’s economic confidence weakened for the eighth-consecutive month in August in August

Posted on August 31, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1663. On the macro front, the Euro-zone’s final consumer confidence index slid to a level of -1.9 in August, confirming the … Continue reading →

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Crude Oil: Oil reverses its gains in the Asian session

Posted on August 30, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at USD69.65 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell more than estimated … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 30, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver slightly rose against the USD and closed at USD14.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.76, with silver trading 0.27% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on August 30, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.39% against the USD and closed at USD1212.90 per ounce. In the Asian session, at GMT0300, the pair is trading at 1211.10, with gold trading 0.15% lower against the … Continue reading →

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AUD/USD: Australia’s building approvals declined sharply in August

Posted on August 30, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.41% against the USD and closed at 0.7308. LME Copper prices declined 0.9% or $53.0/MT to $6065.0/MT. Aluminium prices rose 1.3% or $28.0/MT to $2116.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s current account narrowed less than market expectations in 2Q

Posted on August 30, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.2912. Data revealed that, Canada’s current account deficit narrowed less than expected to C$15.9 billion in 2Q 2018, following a revised … Continue reading →

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USD/CHF: Swiss Franc trading flat in the morning session

Posted on August 30, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 0.9706. In the Asian session, at GMT0300, the pair is trading at 0.9706, with the USD trading flat against the CHF … Continue reading →

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