Daily Archives: November 2, 2018

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on November 2, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.19% against the USD and closed at USD63.56 per barrel, amid fears that global demand is weakening. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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Silver: White metal trading on a weaker footing in the morning session

Posted on November 2, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.33% against the USD and closed at USD14.76 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.68, with silver … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on November 2, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.53% against the USD and closed at USD1236.00 per ounce, amid broad weakness in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1234.40, … Continue reading →

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AUD/USD: Australia’s retail sales advanced less-than-estimated in September

Posted on November 2, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.71% against the USD and closed at 0.7202. LME Copper prices declined 0.1% or $3.0/MT to $6070.0/MT. Aluminium prices rose/declined 0.7% or $15.0/MT to $1961.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing PMI declined to its lowest level in 23 months in October

Posted on November 2, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD and closed at 1.3087. Data showed that Canada’s manufacturing PMI eased to a level of 53.9 in October, marking its lowest level since January … Continue reading →

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USD/CHF: Switzerland’s annual inflation climbed in line with expectations in October

Posted on November 2, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 1.0023. On the macro front, Switzerland’s consumer price index (CPI) rose 1.1% on an annual basis in October, at par with … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the Asian session

Posted on November 2, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the JPY and closed at 112.64. In the Asian session, at GMT0400, the pair is trading at 112.69, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: The Bank of England kept its key interest rate at 0.75%

Posted on November 2, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.76% against the USD and closed at 1.2998, on Brexit deal hopes and following hawkish comments from the Bank of England (BoE) Governor, Mark Carney. In the economic … Continue reading →

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

Posted on November 2, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.77% against the USD and closed at 1.1405. In the US, data indicated that the US final Markit manufacturing PMI climbed to a level of 55.7 in October, … Continue reading →

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