Daily Archives: December 20, 2017

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

Posted on December 20, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.77% against the USD and closed at USD57.69 per barrel, after the American Petroleum Institute (API) reported a larger-than-expected draw in US crude oil inventories. The API … Continue reading →

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Silver: White metal trading flat in the morning session

Posted on December 20, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.06% against the USD and closed at USD16.18 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.18, with silver trading flat against the USD … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on December 20, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1264.80 per ounce. In the Asian session, at GMT0400, the pair is trading at 1267.00, with gold trading 0.17% higher against the … Continue reading →

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AUD/USD: Australia’s Westpac leading index climbed in November

Posted on December 20, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.1% against the USD and closed at 0.7659. LME Copper prices declined 0.01% or $1.0/MT to $6845.0/MT. Aluminium prices rose 0.7% or $13.5/MT to $2061.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally higher in the morning session

Posted on December 20, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD and closed at 1.2879. In the Asian session, at GMT0400, the pair is trading at 1.2873, with the USD trading a tad lower against … Continue reading →

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USD/CHF: Swiss economy to grow faster-than-expected in the coming years: SECO

Posted on December 20, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9851. Yesterday, the Swiss Government raised its economic growth forecasts for this year and next, citing a rebound in its export-led … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the morning session

Posted on December 20, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the JPY and closed at 112.87. On the macro front, Japan’s final machine tool orders advanced 46.8% on an annual basis in November, revised lower from … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on December 20, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3387. In the Asian session, at GMT0400, the pair is trading at 1.3396, with the GBP trading 0.07% higher against the … Continue reading →

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EUR/USD: German Ifo business confidence deteriorated in December, amid political impasse

Posted on December 20, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1841, shrugging off downbeat economic releases across the Euro-zone. Data showed that the Euro-zone’s seasonally adjusted construction output slid 0.4% on … Continue reading →

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