Monthly Archives: October 2018

Gold: Yellow metal extends its losses in the Asian session

Posted on October 30, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.40% against the USD and closed at USD1231.80 per ounce, amid broad strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1229.60, … Continue reading →

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AUD/USD: Australia’s building approvals rebounded in September

Posted on October 30, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.49% against the USD and closed at 0.7059. LME Copper prices rose 1.6% or $101.0/MT to $6260.0/MT. Aluminium prices rose 0.9% or $19.5/MT to $1980.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on October 30, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3132. In the Asian session, at GMT0400, the pair is trading at 1.3111, with the USD trading 0.16% lower against the … Continue reading →

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

Posted on October 30, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 1.0018. In economic news, Switzerland’s total sight deposits rose to a level of CHF578.0 billion in the week ended 26 October, … Continue reading →

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USD/JPY: Japan’s unemployment rate surprisingly declined in September

Posted on October 30, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 112.36. Macroeconomic data revealed that Japan’s unemployment rate unexpectedly slid to 2.3% in September, hitting its lowest rate since early 1990s … Continue reading →

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GBP/USD: UK’s net consumer credit advanced less-than-estimated in September

Posted on October 30, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.2800. On the data front, the UK’s net consumer credit rose to a level of £0.8 billion in September, compared to … Continue reading →

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

Posted on October 30, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1375. The US dollar rose against a basket of currencies yesterday, amid reports that the US is planning to impose additional … Continue reading →

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Crude Oil: Oil reverses it gains in the Asian session

Posted on October 29, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.97% against the USD and closed at USD67.67 per barrel on Friday, amid worries over global supply levels. Meanwhile, fresh figures from Baker Hughes disclosed that the … Continue reading →

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Silver: White metal trading lower this morning

Posted on October 29, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.34% against the USD and closed at USD14.72 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.69, … Continue reading →

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Gold: Yellow metal trading on a negative footing in the morning session

Posted on October 29, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.28% against the USD and closed at USD1237.70 per ounce on Friday, amid weakness in the greenback and global equities. In the Asian session, at GMT0400, the pair is … Continue reading →

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AUD/USD: Aussie trading a tad higher in the Asian session

Posted on October 29, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.23% against the USD and closed at 0.7095 on Friday. LME Copper prices declined 0.8% or $51.0/MT to 6159.0/MT. Aluminium prices declined 1.0% or $20.0/MT to $1961.0/MT. In … Continue reading →

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