Daily Archives: October 16, 2018

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

Posted on October 16, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.80% against the USD and closed at USD71.66 per barrel. In the Asian session, at GMT0300, the pair is trading at 71.89, with oil trading 0.32% higher … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on October 16, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.48% against the USD and closed at USD14.74 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.73, with silver … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on October 16, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.49% against the USD and closed at USD1230.80 per ounce, amid broad weakness in US dollar and US equities. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on October 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.41% against the USD and closed at 0.7137. LME Copper prices declined 0.5% or $29.0/MT to $6296.0/MT. Aluminium prices declined 0.8% or $17.0/MT to $2028.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC optimistic on the growth of businesses in 3Q

Posted on October 16, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.2986. The Bank of Canada (BoC), in its business outlook survey for the three months ended mid-September indicated strong growth in … Continue reading →

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USD/CHF: Switzerland’s producer and import price index rose less-than-estimated in September

Posted on October 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CHF and closed at 0.9870. On the macro front, Switzerland’s producer and import price index advanced 2.6% on an annual basis in September, undershooting market … Continue reading →

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

Posted on October 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the JPY and closed at 111.78. In the Asian session, at GMT0300, the pair is trading at 112.00, with the USD trading 0.20% higher against the … Continue reading →

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GBP/USD: Sterling trading on a weaker footing in the morning session

Posted on October 16, 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 1.3156. In the Asian session, at GMT0300, the pair is trading at 1.3145, with the GBP trading 0.08% lower against the … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on October 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.28% against the USD and closed at 1.1583. In the US, data showed that the US NY Empire State manufacturing index climbed to a level of 21.1 in … Continue reading →

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