Daily Archives: December 29, 2017

Crude Oil: Oil extends its gains, ahead of Baker Hughes weekly rig count data

Posted on December 29, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.44% against the USD and closed at USD59.84 per barrel, after the Energy Information Administration (EIA) reported that US crude oil stockpiles fell by 4.6 million barrels … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on December 29, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.9% against the USD and closed at USD16.90 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.89, with silver … Continue reading →

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Gold: Yellow metal trading a tad higher in the morning session

Posted on December 29, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.43% against the USD and closed at USD1297.20 per ounce, as weakness in the greenback boosted demand for the precious yellow metal. In the Asian session, at GMT0400, the … Continue reading →

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AUD/USD: Aussie trading flat in the Asian session

Posted on December 29, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.33% against the USD and closed at 0.7795, lifted by a surge in the prices of key commodities. LME Copper prices rose 1.1% or $76.0/MT to $7216.0/MT. Aluminium … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on December 29, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.75% against the CAD and closed at 1.2565. In the Asian session, at GMT0400, the pair is trading at 1.2563, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning

Posted on December 29, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the CHF and closed at 0.9788. In the Asian session, at GMT0400, the pair is trading at 0.9787, with the USD trading a tad lower against … Continue reading →

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

Posted on December 29, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the JPY and closed at 112.88. In the Asian session, at GMT0400, the pair is trading at 112.77, with the USD trading 0.1% lower against the … Continue reading →

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GBP/USD: Britain’s BBA mortgage approvals dropped to its lowest level in 15 months in November

Posted on December 29, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.2% against the USD and closed at 1.3434. On the data front, UK’s BBA mortgage approvals unexpectedly dropped to a level of 39.5K in November, dropping to its … Continue reading →

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EUR/USD: Euro-zone’s economic growth expected to continue its robust momentum in 2018: ECB Bulletin

Posted on December 29, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1940. Yesterday, the European Central Bank (ECB), in its economic bulletin report, stated that the Euro-bloc’s economic expansion continues to be … Continue reading →

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