Monthly Archives: April 2018

Crude Oil: Oil trading on a weaker footing this morning

Posted on April 30, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD68.08 per barrel on Friday, after Baker Hughes disclosed that active oil rigs in the US increased by 5 to … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on April 30, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver slightly declined against the USD and closed at USD16.57 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.54, with silver trading 0.18% lower … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on April 30, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.57% against the USD and closed at USD1325.70 per ounce on Friday, amid weakness in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Australia’s private sector credit came in better-than-expected in March

Posted on April 30, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.32% against the USD and closed at 0.7579 on Friday. LME Copper prices declined 1.29% or $88.5/MT to $6797.0/MT. Aluminium prices rose 2.04% or $45.0/MT to $2249.0/MT. In … Continue reading →

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

Posted on April 30, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD and closed at 1.2834 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2848, with the USD trading 0.11% higher … Continue reading →

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USD/CHF: Swiss Franc trading slightly lower this morning

Posted on April 30, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9877 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9881, with the USD trading marginally higher … Continue reading →

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

Posted on April 30, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 109.11 on Friday. In the Asian session, at GMT0300, the pair is trading at 109.1, with the USD trading slightly lower … Continue reading →

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GBP/USD: UK posted its slowest rate of economic growth since 2012 in 1Q 2018

Posted on April 30, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.96% against the USD and closed at 1.3781 on Friday, after downbeat British economic growth figures diminished the odds of a May interest rate hike. Data indicated that … Continue reading →

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EUR/USD: German unemployment rate remained unchanged in April

Posted on April 30, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.2128 on Friday. On the macro front, the Euro-zone’s final consumer confidence index rose to a level of 0.4 in April, … Continue reading →

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Crude Oil: Oil extends its losses in the Asian session, ahead of Baker Hughes weekly rig count data

Posted on April 27, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly declined against the USD and closed at USD68.13 per barrel. In the Asian session, at GMT0300, the pair is trading at 67.93, with oil trading 0.29% lower … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on April 27, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.30% against the USD and closed at USD16.57 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.55, with silver … Continue reading →

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