Daily Archives: October 25, 2016

Crude Oil: Oil trading on a weaker footing, ahead of the API’s weekly crude oil inventory data

Posted on October 25, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.26% against the USD and closed at USD50.46 per barrel, after Iraq, the second largest producer in the Organization of the Petroleum Exporting Countries (OPEC), showed its … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on October 25, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.57% against the USD and closed at USD17.60, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 17.64, with the silver trading … Continue reading →

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Gold: Yellow metal trading marginally higher in the Asian session

Posted on October 25, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose slightly against the USD and closed at USD1264.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 1265.40, with the gold trading a tad higher … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on October 25, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.05% against the USD and closed at 0.7597. On the economic front, in China, Australia’s largest trading partner, the CB leading economic index advanced by 1.1% MoM in … Continue reading →

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USD/CAD: Best plan is to wait and see, says BoC Governor

Posted on October 25, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3343. The Canadian Dollar gained ground, after the Bank of Canada (BoC) Governor, Stephen Poloz, stated that the central bank is … Continue reading →

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USD/CHF: Swiss National Bank could cut rates further if needed: SNB’s Thomas Jordan

Posted on October 25, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CHF and closed at 0.9939. Yesterday, the Swiss National Bank (SNB) Chairman, Thomas Jordan, stated that the central bank could cut its negative interest rates … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on October 25, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the JPY and closed at 104.32. In economic news, data showed that Japan’s final leading economic index rose to a level of 100.9 in August, compared … Continue reading →

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GBP/USD: Pound trading a tad higher, ahead of the BoE Governor’s speech

Posted on October 25, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.2218. In economic news, UK’s CBI industrial trends total orders surprisingly dropped to a level of -17.0 in October, whereas markets … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI jumped to a 30-month high level in October

Posted on October 25, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0871, after the Euro-zone’s manufacturing and services sector showed strong performance in October, indicating economic recovery picked up pace in the … Continue reading →

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