Monthly Archives: October 2015

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

Posted on October 20, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.74% against the USD for the 24 hour period ending 23:00GMT, closing at 46.15, over concerns of slowing economic growth in China, the world’s second largest energy consumer, as the nation’s economy grew … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on October 20, 2015 by GCI Financial

Silver Movement Silver prices declined 1.09% to USD 15.82 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.79, with the silver trading 0.16% lower … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on October 20, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1169.60 per ounce, amid a broad strength in greenback and after upbeat US housing data further added to the ongoing uncertainty … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on October 20, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.24% against the USD to close at 0.7247. LME Copper prices declined 0.57% or $30.0/MT to $5240.0/MT. Aluminium prices declined 0.42% or $6.5/MT to $1536.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on October 20, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CAD to close at 1.3019. In the Asian session, at GMT0300, the pair is trading at 1.3044, with the USD trading 0.19% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s trade balance data

Posted on October 20, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9561. In economic news, Switzerland’s total sight deposits inched up to CHF465.9 billion in the week ended 16 October from CHF465.3 … Continue reading →

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USD/JPY: Japanese Yen trading flat, ahead of merchandise trade balance data

Posted on October 20, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.10% against the JPY and closed at 119.50. In the Asian session, at GMT0300, the pair is trading at 119.51, with the USD trading flat from yesterday’s close. … Continue reading →

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GBP/USD: Pound trading tad higher in the Asian session

Posted on October 20, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.5463, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1.5475, with the GBP … Continue reading →

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EUR/USD: Euro reverses its losses in the Asian session, ahead of the German PPI data

Posted on October 20, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1329. In economic news, Euro-zone’s adjusted construction output fell 0.2% MoM in August, compared to an upwardly revised rise of 0.4% … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on October 19, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.68% against the USD for the 24 hour period ending 23:00GMT, closing at 47.19, after the US oil rig count fell for the seventh consecutive week. Baker Hughes weekly rig count report, showed … Continue reading →

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EUR/USD: Euro reverses its losses in the morning session

Posted on October 19, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1356. Macroeconomic data released showed that Euro-zone’s consumer price inflation rose 0.2% MoM in September, as expected, compared to a flat … Continue reading →

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