Monthly Archives: January 2018

Silver: White metal trading on a stronger footing this morning

Posted on January 29, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.49% against the USD and closed at USD17.39 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.41, … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on January 29, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.49% against the USD and closed at USD1357.90 per ounce on Friday, as disappointing US GDP report led to a broad weakness in the greenback. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on January 29, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.34% against the USD and closed at 0.8118 on Friday. LME Copper prices declined 0.7% or $48.5/MT to $7063.5/MT. Aluminium prices rose 0.02% or $0.5/MT to $2238.0/MT. In … Continue reading →

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USD/CAD: Canada’s annual inflation cooled as anticipated in December

Posted on January 29, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.2321 on Friday. On the economic front, Canada’s consumer price index (CPI) climbed 1.9% on an annual basis in December, in … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the Asian session

Posted on January 29, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the CHF and closed at 0.9354 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9355, with the USD trading slightly higher … Continue reading →

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USD/JPY: Japanese Yen trading marginally higher this morning

Posted on January 29, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.82% against the JPY and closed at 108.70 on Friday. The Japanese Yen gained ground against the USD on Friday, after the Bank of Japan (BoJ) Governor, Haruhiko … Continue reading →

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GBP/USD: UK economic growth better-than-estimated in 4Q 2017

Posted on January 29, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.4152 on Friday, as better-than-expected UK GDP numbers added to the bullish mood amongst investors. Data indicated that Britain’s flash gross … Continue reading →

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EUR/USD: Euro trading a tad lower in the morning session

Posted on January 29, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.2421 on Friday. On the data front, consumer confidence in France unexpectedly fell to a level of 104.0 in January, against … Continue reading →

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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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