Daily Archives: August 25, 2017

Crude Oil: Oil reverses its losses, ahead of Baker Hughes weekly rig count data

Posted on August 25, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.28% against the USD and closed at USD47.73 per barrel. However, losses in crude prices were limited, following hopes of potential crude output disruptions in US after … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 25, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.99% against the USD and closed at USD17.00 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.02, with the … Continue reading →

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Gold: Yellow metal trading slightly lower in the Asian session

Posted on August 25, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.39% against the USD and closed at USD1291.50 per ounce, as investors adopted a wait and watch approach ahead of the central bankers’ summit in Jackson Hole. In the … Continue reading →

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AUD/USD: Aussie Dollar trading a tad lower this morning

Posted on August 25, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.7901. LME Copper prices rose 0.3% or $22.0/MT to $6577.0/MT. Aluminium prices rose 1.1% or $22.5/MT to $2105.0/MT. In the Asian … Continue reading →

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

Posted on August 25, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD and closed at 1.2517. In the Asian session, at GMT0300, the pair is trading at 1.2509, with the USD trading 0.06% lower against the … Continue reading →

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USD/CHF: Switzerland’s industrial production rebounded in the three months to June

Posted on August 25, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9653. In economic news, Switzerland’s industrial production rebounded 2.9% on an annual basis in 2Q 2017. In the previous quarter, industrial … Continue reading →

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USD/JPY: Japan’s annual inflation advanced as expected in July

Posted on August 25, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the JPY and closed at 109.57. In the Asian session, at GMT0300, the pair is trading at 109.64, with the USD trading 0.06% higher against the … Continue reading →

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GBP/USD: UK’s economic growth confirmed at 0.3% in 2Q 2017

Posted on August 25, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2802. On the macro front, second estimate of gross domestic product (GDP) rose 0.3% on a quarterly basis in the second … Continue reading →

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EUR/USD: Euro trading flat, ahead of German Ifo survey data

Posted on August 25, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1800. Macroeconomic data released in the US indicated that existing home sales unexpectedly eased by 1.3% on monthly basis to a … Continue reading →

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