Daily Archives: January 26, 2018

Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Posted on January 26, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.88% against the USD and closed at USD65.24 per barrel, as a rally in US Dollar dented demand for the commodity. In the Asian session, at GMT0400, … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on January 26, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.34% against the USD and closed at USD17.30 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.41, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on January 26, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.72% against the USD and closed at USD1352.20 per ounce, as comments from the US President, Donald Trump, stoked demand for the US Dollar. In the Asian session, at … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on January 26, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.55% against the USD and closed at 0.8011. LME Copper prices rose 2.4% or $169.0/MT to $7112.0/MT. Aluminium prices rose 1.0% or $21.5/MT to $2237.5/MT. In the Asian … Continue reading →

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USD/CAD: Canadian retail sales grew less-than-expected in November

Posted on January 26, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.2388. In economic news, Canada’s retail sales climbed 0.2% on a monthly basis in November, falling short of market expectations for … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on January 26, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 0.9423. In the Asian session, at GMT0400, the pair is trading at 0.9391, with the USD trading 0.34% lower against the … Continue reading →

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USD/JPY: Few officials saw future need to raise rates, slow asset buying: BoJ minutes

Posted on January 26, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the JPY and closed at 109.60. In the Asian session, at GMT0400, the pair is trading at 109.38, with the USD trading 0.2% lower against the … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals hit a nearly 5-year low in December

Posted on January 26, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.78% against the USD and closed at 1.4125, after UK’s mortgage approvals registered an unexpected drop in December. Data showed that Britain’s BBA mortgage approvals declined to its … Continue reading →

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EUR/USD: ECB kept its monetary policy unchanged, warned over surging Euro

Posted on January 26, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.2383, after the European Central Bank (ECB) President, Mario Draghi expressed worries over volatility in the Euro. The ECB, in a … Continue reading →

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