Daily Archives: November 13, 2018

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

Posted on November 13, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil fell 3.14% against the USD and closed at USD58.86 per barrel, after US President, Donald Trump, stated that he hopes OPEC does not cut crude production. In the … Continue reading →

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Silver: White metal trading higher this morning

Posted on November 13, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.48% against the USD and closed at USD13.97 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.06, with silver … Continue reading →

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

Posted on November 13, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.92% against the USD and closed at USD1200.80 per ounce, amid broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1205.00, with … Continue reading →

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AUD/USD: Australia’s NAB business confidence index eased in October

Posted on November 13, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.79% against the USD and closed at 0.7176. LME Copper prices declined 0.1% or $4.5/MT to $6083.5/MT. Aluminium prices declined 1.6% or $30.5/MT to $1934.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing in the Asian session

Posted on November 13, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.3242. In the Asian session, at GMT0400, the pair is trading at 1.3217, with the USD trading 0.19% lower against the … Continue reading →

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

Posted on November 13, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 1.0104. In economic news, Switzerland’s total sight deposits eased to a level of CHF577.2 billion in the week ended 09 November, … Continue reading →

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USD/JPY: Japan’s machine tool orders declined for the first time in two-years in October

Posted on November 13, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 113.79. In economic news, Japan’s preliminary machine tool orders retreated 1.1% on an annual basis in October, deteriorating for the first … Continue reading →

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GBP/USD: Sterling reverses its losses in the morning session

Posted on November 13, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP dropped 0.68% against the USD and closed at 1.2852, amid renewed Brexit worries, following reports that Prime Minister, Theresa May had cancelled a cabinet meeting to approve a Brexit … Continue reading →

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

Posted on November 13, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.94% against the USD and closed at 1.1223, amid political uncertainty and concerns over Italy’s budget plans. Separately, the US dollar rose against a basket of currencies yesterday, … Continue reading →

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