Monthly Archives: October 2018

EUR/USD: Euro-zone’s Markit manufacturing and services PMIs posted sharp losses in October

Posted on October 25, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.63% against the USD and closed at 1.14398, amid dismal economic data. In the economic news, the Eurozone’s flash manufacturing PMI slid to a 26-month low level of … Continue reading →

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

Posted on October 24, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.79% against the USD and closed at USD66.24 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories climbed by 9.9 million barrels … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 24, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.41% against the USD and closed at USD14.79 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.82, with silver … Continue reading →

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Gold: Yellow metal trading on a positive footing in the Asian session

Posted on October 24, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.76% against the USD and closed at USD1234.10 per ounce, amid broad weakness in the greenback and global equities. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on October 24, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.7083. LME Copper prices declined 1.9% or $116.5/MT to $6167.5/MT. Aluminium prices declined 0.3% or $5.5/MT to $1997.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of BoC’s interest rate decision

Posted on October 24, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.3086. In the Asian session, at GMT0300, the pair is trading at 1.3083, with the USD trading marginally lower against the … Continue reading →

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

Posted on October 24, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9948. In the Asian session, at GMT0300, the pair is trading at 0.9952, with the USD trading a tad higher against … Continue reading →

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USD/JPY: Japan’s machine tool orders climbed in September

Posted on October 24, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the JPY and closed at 112.41. In the economic news, Japan’s final machine tool orders climbed 2.9% on an annual basis in September, compared to a … Continue reading →

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GBP/USD: UK’s factory orders declined at its fastest pace in three-years in October

Posted on October 24, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.12% against the USD and closed at 1.2983. Data indicated that UK’s business optimism climbed 16.0% in 4Q 2018, as compared to a decline of 3.0% in the … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index surprisingly climbed in October

Posted on October 24, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1470. On the macro front, the Euro-zone’s preliminary consumer confidence index unexpectedly rose to a level of -2.7 in October, confounding … Continue reading →

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

Posted on October 23, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.48% against the USD and closed at USD69.57 per barrel. In the Asian session, at GMT0300, the pair is trading at 69.23, with oil trading 0.49% lower … Continue reading →

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