Daily Archives: October 25, 2017

Crude Oil: Oil reverses its gains, ahead of EIA’s weekly crude oil inventories data

Posted on October 25, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.14% against the USD and closed at USD52.48 per barrel, after Saudi Arabia’s Energy Minister, Khalid al-Falih, stated that his nation remains committed to end the current … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on October 25, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.88% against the USD and closed at USD16.96 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.92, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on October 25, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.41% against the USD and closed at USD1278.30 per ounce, as a rally in US equities dented demand for the precious yellow metal. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Australia’s inflation growth missed market expectations in the three months to September

Posted on October 25, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7777. LME Copper prices rose 1.7% or $114.5/MT to $7073.5/MT. Aluminium prices rose 0.5% or $10.5/MT to $2144.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses, ahead of BoC’s interest rate decision

Posted on October 25, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2672. In the Asian session, at GMT0300, the pair is trading at 1.268, with the USD trading 0.06% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s ZEW expectations and the UBS consumption indicator data

Posted on October 25, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CHF and closed at 0.9908. In the Asian session, at GMT0300, the pair is trading at 0.991, with the USD trading slightly higher against the … Continue reading →

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USD/JPY: Japanese Yen trading marginally higher this morning

Posted on October 25, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the JPY and closed at 113.94. In the Asian session, at GMT0300, the pair is trading at 113.90, with the USD trading a tad lower against … Continue reading →

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GBP/USD: Pound trading a tad lower, ahead of UK’s GDP data

Posted on October 25, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.53% against the USD and closed at 1.3133, after dovish comments from the Bank of England’s (BoE) Deputy Governor, Jon Cunliffe fuelled uncertainty over a potential November interest … Continue reading →

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EUR/USD: Euro-zone’s manufacturing sector activity at a 6-year high in October, services sector growth cooled to a 2-month low in the same month

Posted on October 25, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1765, buoyed by a stronger-than-expected reading on the Euro-zone manufacturing sector. Data showed that the Euro-zone’s preliminary Markit manufacturing PMI unexpectedly … Continue reading →

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