Daily Archives: January 17, 2017

Crude Oil: Oil trading flat in the morning session

Posted on January 17, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.15% against the USD and closed at USD52.50 per barrel, extending its previous session losses. Meanwhile, Saudi Energy Minister, Khalid al-Falih, stated that the country will adhere … Continue reading →

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Silver: White metal trading flat in the Asian session

Posted on January 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.12% against the USD and closed at USD16.85 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.85, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on January 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.07% against the USD and closed at USD1202.60 per ounce. In the Asian session, at GMT0400, the pair is trading at 1205.60, with the gold trading 0.25% higher from … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on January 17, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.17% against the USD and closed at 0.7468. LME Copper prices rose 1.0% or $60.0/MT to $5857.0/MT. Aluminium prices rose 1.2% or $21.5/MT to $1812.0/MT. Yesterday, the IMF … Continue reading →

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USD/CAD: Canada’s existing home sales rebounded in December

Posted on January 17, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the CAD and closed at 1.3186. On the data front, Canada’s existing home sales rebounded 2.2% MoM in December. In the previous month, existing home sales … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on January 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 1.0107. In economic news, Switzerland’s total sight deposits stood at a level of CHF531.4 billion in the week ended 13 January. … Continue reading →

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USD/JPY: IMF raises growth forecast for Japan to 0.8% for 2017

Posted on January 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.02% against the JPY and closed at 114.07. Yesterday, the IMF predicted that Japan’s economy will grow 0.8% this year, up 0.2% from its estimate in October. In … Continue reading →

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GBP/USD: BoE’s Carney warns of hit to Britain’s economic growth amid rising inflation

Posted on January 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.07% against the USD and closed at 1.2018. Yesterday, the Bank of England (BoE) Governor, Mark Carney, in a speech at the London School of Economics, stated that … Continue reading →

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EUR/USD: Euro trading on a stronger footing, ahead of Euro-zone’s ZEW survey data

Posted on January 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.0598. In economic news, data showed that the Euro-zone’s seasonally adjusted trade surplus widened more-than-expected to a level of €22.7 billion … Continue reading →

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