Daily Archives: October 17, 2017

Crude Oil: Oil trading between its MA’s, ahead of API’s weekly crude oil inventories data

Posted on October 17, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.12% against the USD and closed at USD51.87 per barrel, lifted by concerns about global crude supplies after Iraqi forces seized the oil-rich city of Kirkuk. Meanwhile, … Continue reading →

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Silver: White metal trading lower this morning

Posted on October 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.75% against the USD and closed at USD17.26 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.23, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on October 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1298.30 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1295.70, with … Continue reading →

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AUD/USD: Officials in no rush to hike interest rates, still worried about household debt: RBA minutes

Posted on October 17, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.3% against the USD and closed at 0.7848. LME Copper prices rose 3.0% or $205.0/MT to $7063.0/MT. Aluminium prices rose 0.2% or $4.0/MT to $2144.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian businesses still bullish: BoC’s autumn business outlook survey

Posted on October 17, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD and closed at 1.2520. Yesterday, the Bank of Canada (BoC), in its autumn business outlook survey, revealed continued positive business sentiment across the country, … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower this morning

Posted on October 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9757. In economic news, Switzerland’s total sight deposits remained steady at a level of CHF578.5 billion in the week ended 13 … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on October 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the JPY and closed at 112.19. In the Asian session, at GMT0300, the pair is trading at 112.06, with the USD trading 0.12% lower against the … Continue reading →

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GBP/USD: Theresa May and the European Commission Chief call for faster Brexit talks

Posted on October 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.27% against the USD and closed at 1.3249. Yesterday, the British Prime Minister, Theresa May and the President of the European Commission, Jean-Claude Juncker, agreed that the pace … Continue reading →

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EUR/USD: Euro trading a tad lower, ahead of the ZEW survey data across the Euro-zone

Posted on October 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.1% against the USD and closed at 1.1790. In economic news, the Euro-zone’s seasonally adjusted trade surplus widened more-than-expected to €21.6 billion in August, amid a rise in … Continue reading →

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