Monthly Archives: November 2017

GBP/USD: Pound trading on a weaker footing this morning

Posted on November 20, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.3215 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3200, with the GBP trading 0.11% lower … Continue reading →

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EUR/USD: Angela Merkel fails to form a new coalition government in Germany

Posted on November 20, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1797 on Friday. On the data front, seasonally adjusted construction output in the Euro-zone climbed 0.1% MoM in September, after recording … Continue reading →

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

Posted on November 17, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.13% against the USD and closed at USD55.23 per barrel, amid mounting concerns over surging US crude supplies and gloomier outlook for global oil demand. In the … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on November 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.59% against the USD and closed at USD17.08 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 17.10, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on November 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1278.50 per ounce. In the Asian session, at GMT0400, the pair is trading at 1283.10, with the gold trading 0.36% higher against … Continue reading →

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AUD/USD: Aussie trading a tad higher in the Asian session

Posted on November 17, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7586. LME Copper prices rose 0.7% or $48.5/MT to $6764.0/MT. Aluminium prices rose 1.2% or $24.0/MT to $2106.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing shipments surprisingly grew in September

Posted on November 17, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.2754. Macroeconomic data revealed that Canada’s manufacturing shipments unexpectedly advanced 0.5% on a monthly basis in September, defying market expectations for … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on November 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 0.9940. In the Asian session, at GMT0400, the pair is trading at 0.9917, with the USD trading 0.23% lower against the … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on November 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 113.11. In economic news, Japan’s final machine tool orders rose 49.8% YoY in October, slightly less than the preliminary print indicating … Continue reading →

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GBP/USD: UK’s retail sales sharply rebounded in October

Posted on November 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.3193, on the back of better-than-expected UK retail sales data. Data showed that Britain’s retail sales rebounded more-than-expected by 0.3% on … Continue reading →

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EUR/USD: Euro trading on a stronger footing, ahead of ECB President’s speech

Posted on November 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1772. On the macro front, the Euro-zone’s final consumer price index (CPI) climbed 1.4% on an annual basis in October, confirming … Continue reading →

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