Daily Archives: September 8, 2017

Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Posted on September 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD49.11 per barrel, after the Energy Information Administration (EIA) reported that US crude oil stockpiles advanced by 4.6 million barrels … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on September 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.37% against the USD and closed at USD18.18 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.25, with the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on September 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.15% against the USD and closed at USD1354.00 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1357.90, … Continue reading →

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AUD/USD: Australia’s home loan approvals advanced above expectations in July

Posted on September 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.5% against the USD and closed at 0.8047. LME Copper prices declined 0.3% or $21.5/MT to $6842.5/MT. Aluminium prices rose 0.3% or $5.5/MT to $2075.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian building permits declined for the first since March 2017 in July

Posted on September 8, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.00% against the CAD and closed at 1.2114. In economic news, Canada’s building permits registered a drop of 3.5% on a monthly basis in July, more than market … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss unemployment rate data

Posted on September 8, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CHF and closed at 0.9502. In the Asian session, at GMT0300, the pair is trading at 0.9450, with the USD trading 0.55% lower against the … Continue reading →

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USD/JPY: Japan’s economic growth sharply revised lower in 2Q 2017

Posted on September 8, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the JPY and closed at 108.37. In the Asian session, at GMT0300, the pair is trading at 108.17, with the USD trading 0.18% lower against the … Continue reading →

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GBP/USD: UK’s Halifax house prices grew at its quickest pace this year in August

Posted on September 8, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.3096, after UK’s Halifax house price index climbed more-than-expected by 1.1% on a monthly basis in August, surging at its fastest … Continue reading →

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EUR/USD: ECB retained its benchmark interest rate at record low

Posted on September 8, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.81% against the USD and closed at 1.2022, after the European Central Bank (ECB) President, Mario Draghi, hinted that the long-awaited decision about scaling back the ECB’s quantitative … Continue reading →

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