Daily Archives: November 3, 2017

Crude Oil: Oil trading on a weaker footing ahead of Baker Hughes weekly rig count data

Posted on November 3, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 1.2% against the USD and closed at USD54.87 per barrel, after Saudi Arabia’s oil minister, Khalid Al-Falih, and his Iraqi counterpart, Jabbar al-Luaibi, lent support to … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on November 3, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.09% against the USD and closed at USD17.13 per ounce. In the Asian session, at GMT0400, the pair is trading at USD17.14 per ounce, with Silver trading 0.06% higher … Continue reading →

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Gold: Yellow metal trading marginally higher this morning

Posted on November 3, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.05% against the USD and closed at USD1277.20 per ounce, buoyed by weakness in the US Dollar. In the Asian session, at GMT0400, the pair is trading at USD1277.50 … Continue reading →

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AUD/USD: Australia’s services sector growth continued to slow, retail sales missed expectations

Posted on November 3, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7711. LME Copper prices declined 0.9% or $63.0/MT to $6855.0/MT. Aluminium prices declined 1.6% or $36.0/MT to $2152.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower ahead of Canada’s international merchandise trade figures and unemployment rate

Posted on November 3, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.2812. In the Asian session, at GMT0400, the pair is trading at 1.2813, with the USD trading a tad higher from … Continue reading →

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USD/CHF: Switzerland’s consumer confidence improved slightly and real retail sales unexpectedly fell

Posted on November 3, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9995. Macroeconomic indicators revealed that Switzerland’s SECO consumer sentiment rose to -2.0 in the fourth quarter of 2017 from a level … Continue reading →

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USD/JPY: Japanese Yen trading marginally higher in the Asian session

Posted on November 3, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the JPY and closed at 114.05. In the Asian session, at GMT0400, the pair is trading at 114.02, with the USD trading marginally lower from yesterday’s … Continue reading →

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GBP/USD: BoE raised its benchmark interest rate due to Brexit pressure, but signalled further rate hikes would be gradual

Posted on November 3, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.48% against the USD and closed at 1.3053, following a dovish statement by the Bank of England (BoE). The BoE’s Monetary Policy Committee (MPC) increased its key interest … Continue reading →

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EUR/USD: Eurozone manufacturing PMI hits an 80-month high in October

Posted on November 3, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1656, after Eurozone manufacturing activity expanded at the fastest pace in more than six years to 58.5 in October, but missed … Continue reading →

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