Monthly Archives: October 2018

USD/JPY: Japanese Yen trading higher this morning

Posted on October 26, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the JPY and closed at 112.40. In the Asian session, at GMT0300, the pair is trading at 112.26, with the USD trading 0.12% lower against the … Continue reading →

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GBP/USD: Sterling trading flat in the Asian session

Posted on October 26, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.49% against the USD and closed at 1.2823, following European Central Bank President, Mario Draghi’s comments on Brexit. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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EUR/USD: The ECB kept its benchmark interest rate unchanged and reaffirmed plans to end stimulus program in December

Posted on October 26, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.1375. The European Central Bank (ECB), in its October monetary policy meeting, decided to keep its benchmark interest rate steady at … Continue reading →

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Crude Oil: Oil reverses its gains in the Asian session

Posted on October 25, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.20% against the USD and closed at USD66.37 per barrel. The Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose 6.3 million barrels to … Continue reading →

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Silver: White metal trading on a positive footing this morning

Posted on October 25, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.54% against the USD and closed at USD14.71 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.73, with silver trading 0.20% higher against the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on October 25, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.16% against the USD and closed at USD1236.60 per ounce, amid weakness in the US equities. In the Asian session, at GMT0300, the pair is trading at 1239.10, with … Continue reading →

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AUD/USD: Aussie reverses its losses in the morning session

Posted on October 25, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.7065. LME Copper prices rose 0.8% or $47.5/MT to $6215.0/MT. Aluminium prices rose 0.5% or $9.5/MT to $1987.5/MT. In the Asian … Continue reading →

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USD/CAD: The Bank of Canada (BoC) raised its benchmark interest rate to 1.75%

Posted on October 25, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3043. The Bank of Canada (BoC) raised its key interest rate by 25 basis points to 1.75% for the fifth time … Continue reading →

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

Posted on October 25, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 0.9971. In the Asian session, at GMT0300, the pair is trading at 0.9962, with the USD trading 0.09% lower against the … Continue reading →

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USD/JPY: Japanese yen trading a tad higher in the morning session

Posted on October 25, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the JPY and closed at 112.14. On the data front, Japan’s final coincident index advanced to a level of 116.7 in August, compared to a level … Continue reading →

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GBP/USD: Britain’s BBA mortgage applications slid more-than-estimated in September

Posted on October 25, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.75% against the USD and closed at 1.2886. Data revealed that UK’s BBA mortgage applications dropped to a level of 38.5K in September, compared to a level of … Continue reading →

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