Daily Archives: December 7, 2018

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on December 7, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.62% against the USD and closed at USD51.69 per barrel, after the OPEC postponed its decision on production reduction. Meanwhile, the Energy Information Administration (EIA) report indicated … Continue reading →

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Silver: White metal trading marginally higher this morning

Posted on December 7, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.17% against the USD and closed at USD14.56 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.56, with silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the morning session

Posted on December 7, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1243.10 per ounce. In the Asian session, at GMT0400, the pair is trading at 1245.50, with gold trading 0.19% higher against the … Continue reading →

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AUD/USD: Australia’s AIG performance of construction index declined in November

Posted on December 7, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.47% against the USD and closed at 0.7233. LME Copper prices declined 0.8% or $50.0/MT to $6112.0/MT. Aluminium prices declined 1.1% or $21.5/MT to $1945.0/MT. In the Asian … Continue reading →

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USD/CAD Canada’s Ivey purchasing managers index slid in November

Posted on December 7, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3391. Macroeconomic data revealed that Canada’s seasonally adjusted Ivey PMI declined to a level of 57.2 in November, compared to a … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher this morning

Posted on December 7, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9927. In the Asian session, at GMT0400, the pair is trading at 0.9925, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japanese Yen trading on a negative footing in the Asian session

Posted on December 7, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the JPY and closed at 112.68. In the Asian session, at GMT0400, the pair is trading at 112.81, with the USD trading 0.12% higher against the … Continue reading →

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GBP/USD: British Pound reverses its gains in the morning session

Posted on December 7, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2783. In the Asian session, at GMT0400, the pair is trading at 1.2769, with the GBP trading 0.11% lower against the … Continue reading →

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EUR/USD: Euro trading a tad lower in the Asian session

Posted on December 7, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1378. Data indicated that Germany’s construction PMI expanded to a level of 51.3 in November, compared to a reading of 49.8 … Continue reading →

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