Daily Archives: October 11, 2018

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

Posted on October 11, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.72% against the USD and closed at USD72.71 per barrel after the American Petroleum Institute (API) reported a sharp increase in the US crude oil inventories by … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on October 11, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.52% against the USD and closed at USD14.35 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.32, with silver trading 0.24% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on October 11, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.44% against the USD and closed at USD1197.90 per ounce, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1196.30, with … Continue reading →

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AUD/USD: Australia’s consumer inflation expectations remained unchanged in October

Posted on October 11, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.55% against the USD and closed at 0.7067. LME Copper prices rose 1.2% or $75.0/MT to $6294.0/MT. Aluminium prices declined 0.1% or $2.5/MT to $2029.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits rebounded less-than-estimated in August

Posted on October 11, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CAD and closed at 1.3048. On the data front, Canada’s building permits rebounded 0.4% on a monthly basis in August, undershooting market consensus for an … Continue reading →

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

Posted on October 11, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 0.9890. In the Asian session, at GMT0300, the pair is trading at 0.9863, with the USD trading 0.27% lower against the … Continue reading →

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USD/JPY: Japan’s machine tool orders rose in September

Posted on October 11, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the JPY and closed at 112.26. Data indicated that Japan’s flash machine tool orders advanced 2.8% on an annual basis in September, following a rise of … Continue reading →

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GBP/USD: Britain’s GDP growth flattens in August

Posted on October 11, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.3154, amid renewed hopes for a Brexit deal. On the macro front, UK’s gross domestic product (GDP) remained flat on a … Continue reading →

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EUR/USD: Euro extends its gains in the Asian session

Posted on October 11, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.34% against the USD and closed at 1.1535. In the US, data showed that the US producer price index climbed 2.6% on a yearly basis in September, rising … Continue reading →

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