Monthly Archives: December 2018

Silver: White metal trading on a positive footing this morning

Posted on December 11, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.37% against the USD and closed at USD14.64 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.65, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session

Posted on December 11, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.41% against the USD and closed at USD1249.80 per ounce, amid broad strength in the US dollar and US equities. In the Asian session, at GMT0400, the pair is … Continue reading →

Posted in Gold | Comments Off

AUD/USD Australia’s house price index fell less-than-estimated on a quarterly basis in 3Q 2018

Posted on December 11, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.32% against the USD and closed at 0.7193. LME Copper prices declined 1.0% or $61.0/MT to $6112.0/MT. Aluminium prices declined 0.6% or $11.0/MT to $1951.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s housing starts surprisingly rose in November

Posted on December 11, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CAD and closed at 1.3395. Data revealed that Canada’s seasonally adjusted housing starts unexpectedly advanced to a level of 215.9K in November, defying market expectations … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s unemployment rate eased to its lowest level since May 2002 in November

Posted on December 11, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9901. In economic news, Switzerland’s seasonally adjusted unemployment rate unexpectedly slid to a rate of 2.4% in November, marking its lowest … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on December 11, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the JPY and closed at 113.21. In the Asian session, at GMT0400, the pair is trading at 113.07, with the USD trading 0.12% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s economic growth slowed in the three months to October, amid growing Brexit uncertainty

Posted on December 11, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.47% against the USD and closed at 1.2563, after UK’s Prime Minister, Theresa May, decided to indefinitely postpone a critical vote on Brexit agreement. Data indicated that UK’s … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s Sentix investor confidence index sharply declined in December, marking its lowest reading since December 2014.

Posted on December 11, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.70% against the USD and closed at 1.1355. On macro front, the Euro-zone’s Sentix investor confidence index sharply fell to a level of -0.3 in December, hitting its … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: Oil trading higher in the Asian session

Posted on December 10, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.33% against the USD and closed at USD52.38 per barrel on Friday, after OPEC and its allies agreed to reduce oil output starting next year.Additionally, fresh figures … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on December 10, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.17% against the USD and closed at USD14.73 per ounce on Friday, tracking gain in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.67, … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the morning session

Posted on December 10, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.97% against the USD and closed at USD1255.40 per ounce on Friday, amid weakness in the US dollar. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

Posted in Gold | Comments Off