Daily Archives: August 28, 2018

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Posted on August 28, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.51% against the USD and closed at USD68.99 per barrel, after a committee of OPEC and non-OPEC producers announced that oil producers participating in a supply-reduction agreement … Continue reading →

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Silver: White metal trading on a negative footing in the Asian session

Posted on August 28, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.57% against the USD and closed at USD14.97 per ounce, tracking rise in gold prices In the Asian session, at GMT0300, the pair is trading at 14.94, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on August 28, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.57% against the USD and closed at USD1217.20 per ounce, as the US Dollar weakened, following the news of a trade deal between the US and Mexico. In the … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the morning session

Posted on August 28, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.33% against the USD and closed at 0.7349. LME Copper prices rose 1.5% or $90.5/MT to $6001.0/MT. Aluminium prices rose 2.0% or $40.5/MT to $2062.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the morning session

Posted on August 28, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD and closed at 1.2964. In the Asian session, at GMT0300, the pair is trading at 1.2973, with the USD trading 0.07% higher against the … Continue reading →

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

Posted on August 28, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9797. In economic news, Switzerland’s total sight deposits dipped to a level of CHF566.8 billion in the week ended 24 August, … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on August 28, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the JPY and closed at 111.13. In the Asian session, at GMT0300, the pair is trading at 111.32, with the USD trading 0.17% higher against the … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals unexpectedly declined in July

Posted on August 28, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.33% against the USD and closed at 1.2894. On Friday, data showed that, UK’s BBA mortgage approvals surprisingly eased to a level of 39.6K in July, defying market … Continue reading →

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EUR/USD: German economy expanded as initially estimated in 2Q 2018

Posted on August 28, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1681. On Friday, Germany’s seasonally adjusted final gross domestic product (GDP) advanced 0.5% on a quarterly basis in 2Q 2018, at … Continue reading →

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