Monthly Archives: December 2015

Crude Oil: Oil trading below its MA’s

Posted on December 18, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.63% against the USD for the 24 hour period ending 23:00GMT, closing at 34.84, amid persistent global supply glut concerns. Separately, the world’s biggest oil producers in OPEC predicted limited chances for an … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on December 18, 2015 by GCI Financial

Silver Movement Silver prices declined 3.25% to USD 13.71 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 13.725, with the silver trading 0.15% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on December 18, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.94% against the USD in the 24 hour period ending 23:00GMT, at 1050.40 per ounce, tumbling to a six-year low level, amid a broad strength in the greenback. Separately, assets in SPDR Gold … Continue reading →

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AUD/USD: Aussie reverses its losses in the morning session

Posted on December 18, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.15% against the USD to close at 0.7120. LME Copper prices declined 0.72% or $33.0/MT to $4550.0/MT. Aluminium prices rose 0.30% or $4.5/MT to $1482.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading tad lower, ahead of Canada’s CPI data

Posted on December 18, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.08% against the CAD to close at 1.3935. In the Asian session, at GMT0400, the pair is trading at 1.3942, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/CHF: SECO cuts Swiss Growth Outlook

Posted on December 18, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.9956. In economic news, Switzerland’s SECO group indicated that the nation is likely to regain its economic momentum over the next … Continue reading →

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USD/JPY: BoJ keeps monetary policy unchanged

Posted on December 18, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 122.59. In the Asian session, at GMT0400, the pair is trading at 122.43, with the USD trading 0.13% lower from yesterday’s … Continue reading →

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GBP/USD: UK retail sales surged in November

Posted on December 18, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.53% against the USD and closed at 1.4904. However, losses in the Pound were trimmed, on the back of upbeat retail sales in the UK. Data showed that … Continue reading →

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EUR/USD: Euro trading on a stronger footing this morning

Posted on December 18, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.0831, following the release of disappointing IFO survey data. Data showed that the German Ifo business climate index unexpectedly fell to … Continue reading →

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Crude Oil: Oil extends its losses in the morning session

Posted on December 17, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.59% against the USD for the 24 hour period ending 23:00GMT, closing at 35.78, after US crude stockpiles surprisingly increased in the week ended 11 December and the US Federal Reserve raised interest … Continue reading →

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Silver: White metal trading lower this morning

Posted on December 17, 2015 by GCI Financial

Silver Movement Silver prices rose 2.94% to USD 14.17 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.075, with the silver trading 0.64% lower from yesterday’s close. The pair … Continue reading →

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