Daily Archives: December 16, 2015

Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data

Posted on December 16, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.52% against the USD for the 24 hour period ending 23:00GMT, closing at 36.73, after the OPEC Secretary General, Abdullah al-Badri, stated that the current trend of low oil prices will not continue … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on December 16, 2015 by GCI Financial

Silver Movement Silver prices rose 0.66% to USD 13.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 13.815, with the silver trading 0.4% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on December 16, 2015 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1061.00 per ounce, amid a broad strength in the greenback along with the looming Fed interest rate decision scheduled later today. In … Continue reading →

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

Posted on December 16, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.66% against the USD to close at 0.7200. LME Copper prices declined 1.16% or $54.0 /MT to $4586.0 /MT. Aluminium prices rose 0.10% or $1.5 /MT to $1477.5 … Continue reading →

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USD/CAD: Loonie trading on a stronger footing in the Asian session

Posted on December 16, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.3735. In economic news, existing home sales in Canada advanced 1.8% MoM in November, after posting a similar rise in the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s ZEW expectations survey data

Posted on December 16, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 0.9911. In economic news, Switzerland’s producer and import price index surprisingly rose for the second consecutive month by 0.4% MoM in … Continue reading →

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USD/JPY: Japan’s Nikkei manufacturing PMI declined in December

Posted on December 16, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.56% against the JPY and closed at 121.66. In the Asian session, at GMT0400, the pair is trading at 121.77, with the USD trading 0.09% higher from yesterday’s … Continue reading →

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GBP/USD: UK’s CPI rebounded on an annual basis in November

Posted on December 16, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.90% against the USD and closed at 1.5037. Macroeconomic data showed that UK’s consumer price index (CPI) rose 0.1% YoY in November, in line with market expectations, entering … Continue reading →

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EUR/USD: Euro trading tad higher, ahead of manufacturing and services PMI data across the Euro-zone

Posted on December 16, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.59% against the USD and closed at 1.0933. In economic news, the German ZEW economic sentiment survey exceeded investor expectations and reached a four-month high level of 16.1 … Continue reading →

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