Monthly Archives: December 2018

Crude Oil: Oil trading higher in the Asian session

Posted on December 31, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.79% against the USD and closed at USD45.30 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs climbed … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on December 31, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.82% against the USD and closed at USD15.44 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.43, … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the morning session

Posted on December 31, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly rose against the USD and closed at USD1280.90 per ounce on Friday, amid weakness in the US equities. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

Posted in Gold | Comments Off

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

Posted on December 31, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7048 on Friday. LME Copper prices rose 0.5% or $28.0/MT to $6018.0/MT. Aluminium prices declined 0.9% or $17.0/MT to $1881.0/MT. In … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher in the morning session

Posted on December 31, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD and closed at 1.3642 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3625, with the USD trading 0.12% lower … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s KOF economic barometer dropped more-than-expected in December

Posted on December 31, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9854 on Friday. Macroeconomic data revealed that Switzerland’s KOF economic barometer fell to a level of 96.3 in December, more than … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on December 31, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the JPY and closed at 110.36 on Friday. In the Asian session, at GMT0400, the pair is trading at 110.43, with the USD trading 0.06% higher … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s BBA mortgage approvals declined beyond market estimates in November

Posted on December 31, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.2697 on Friday. In economic news, UK’s BBA mortgage approvals slid to a level of 39.4K in November, compared to a … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s consumer price inflation slowed sharply in December

Posted on December 31, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1446 on Friday. Data indicated that Germany’s flash consumer price inflation (CPI) slowed more than expected to 1.7% on a yearly … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on December 28, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.39% against the USD and closed at USD45.34 per barrel, amid ongoing worries over global economic growth and excess supply. Additionally, the American Petroleum Institute (API) reported … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on December 28, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.29% against the USD and closed at USD15.29 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.34, with silver … Continue reading →

Posted in Silver | Comments Off