Monthly Archives: December 2015

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

Posted on December 17, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.96% against the USD in the 24 hour period ending 23:00GMT, at 1071.20 per ounce. However, the gains in gold prices were capped after the US Federal Reserve hiked interest rates for the … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on December 17, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened marginally against the USD to close at 0.7202. Yesterday, in China, Australia’s largest trading partner, the PBoC lowered the nation’s GDP for the next year to 6.8%, while … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on December 17, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.3785. In the Asian session, at GMT0400, the pair is trading at 1.3801, with the USD trading 0.11% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss economic expectations index advanced in December

Posted on December 17, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9920. In economic news, Switzerland’s ZEW expectations index rose to a level of 16.6 in December, from a reading of 0.0 … Continue reading →

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USD/JPY: Japan’s exports continue to remain weak

Posted on December 17, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.60% against the JPY and closed at 122.38. In the Asian session, at GMT0400, the pair is trading at 122.55, with the USD trading 0.13% higher from yesterday’s … Continue reading →

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GBP/USD: UK’s unemployment rate unexpectedly fell during the August-October 2015 period

Posted on December 17, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.35% against the USD and closed at 1.4984. In economic news, UK’s ILO unemployment rate surprisingly declined to 5.2% in the three months to October, compared to a … Continue reading →

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EUR/USD: Euro trading lower, ahead of Germany’s IFO survey data

Posted on December 17, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.49% against the USD and closed at 1.0879. In economic news, Euro-zone’s preliminary Markit manufacturing PMI exceeded investor expectations and rose to a 20-month high level of 53.1 … Continue reading →

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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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