Monthly Archives: August 2017

Gold: Yellow metal trading lower in the morning session

Posted on August 14, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.3% against the USD and closed at USD1296.30 per ounce on Friday, lifted by a broad weakness in the US Dollar and the US-North Korean geopolitical tensions. In the … Continue reading →

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AUD/USD: Aussie Dollar trading higher this morning

Posted on August 14, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.36% against the USD and closed at 0.7893 on Friday. LME Copper prices declined 1.0% or $63.0/MT to $6353.5/MT. Aluminium prices rose 0.8% or $16.5/MT to $2040.5/MT. In … Continue reading →

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

Posted on August 14, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.2684 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2677, with the USD trading 0.06% lower … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on August 14, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9614 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9636, with the USD trading 0.23% higher … Continue reading →

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USD/JPY: Japanese economic growth accelerated in the second quarter of 2017

Posted on August 14, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 109.09 on Friday. In the Asian session, at GMT0300, the pair is trading at 109.37, with the USD trading 0.26% higher … Continue reading →

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GBP/USD: Pound trading a tad higher in the Asian session

Posted on August 14, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.3014 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3016, with the GBP trading marginally higher … Continue reading →

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EUR/USD: Germany’s annual inflation grew as initially estimated in July

Posted on August 14, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1823 on Friday. In economic news, data revealed that Germany’s final consumer price index (CPI) climbed 1.7% on an annual basis … Continue reading →

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

Posted on August 11, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.08% against the USD and closed at USD48.56 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC), reported an increase in its July oil output … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 11, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.39% against the USD and closed at USD17.13 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.09, with the … Continue reading →

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Gold: Yellow metal trading a tad lower in the morning session

Posted on August 11, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.77% against the USD and closed at USD1292.20 per ounce, as heightened geopolitical tensions between the US and North Korea led to a sharp decline in global equities and … Continue reading →

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AUD/USD: Wage growth too low, interest rates are more likely to rise but not yet: RBA Governor

Posted on August 11, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.7865. LME Copper prices declined 0.8% or $48.5/MT to $6416.5/MT. Aluminium prices rose 0.3% or $6.0/MT to $2024.0/MT. In the Asian … Continue reading →

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