GBP/USD: Pound trading a tad lower in the morning session

Posted on September 7, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.3048. In the Asian session, at GMT0300, the pair is trading at 1.3043, with the GBP trading slightly lower against the … Continue reading →

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EUR/USD: Germany’s factory orders fell for the first time in three months in July

Posted on September 7, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1925. On the data front, Germany’s seasonally adjusted factory orders unexpectedly dropped 0.7% on a monthly basis in July, defying market … Continue reading →

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

Posted on September 6, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.55% against the USD and closed at USD48.61 per barrel, amid easing concerns over mounting US crude inventories as refineries, which were destroyed by the Hurricane Harvey, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on September 6, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.22% against the USD and closed at USD18.00 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.98, with the … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on September 6, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.51% against the USD and closed at USD1345.50 per ounce, amid a broad weakness in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Australian economic growth strengthened in 2Q 2017

Posted on September 6, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.73% against the USD and closed at 0.8005. LME Copper prices rose 0.5% or $31.0/MT to $6904.0/MT. Aluminium prices declined 0.6% or $13.5/MT to $2082.0/MT. In the Asian … Continue reading →

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

Posted on September 6, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.2367. In the Asian session, at GMT0300, the pair is trading at 1.2383, with the USD trading 0.13% higher against the … Continue reading →

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USD/CHF: Swiss economy grew weaker-than-expected in 2Q 2017

Posted on September 6, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9539. Macroeconomic data indicated that Switzerland’s seasonally adjusted gross domestic product (GDP) rose less-than-expected by 0.3% on a quarterly basis in … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on September 6, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.98% against the JPY and closed at 108.62. In the Asian session, at GMT0300, the pair is trading at 108.71, with the USD trading 0.08% higher against the … Continue reading →

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GBP/USD: UK’s service sector growth slowed to nearly 1-year low level in August

Posted on September 6, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.88% against the USD and closed at 1.3041, as investors brushed-off disappointing UK services sector report. Data indicated that Britain’s Markit services PMI declined more-than-expected to a level … Continue reading →

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EUR/USD: Euro-zone’s services sector growth revised lower in August, while German services sector activity notched a 2-month high in the same month

Posted on September 6, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1921. In economic news, the Euro-zone’s final Markit services PMI fell more than initially estimated to a level of 54.7 in … Continue reading →

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