Monthly Archives: December 2018

EUR/USD: Euro-zone’s current account surplus expanded in October

Posted on December 21, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.1453. On the data front, the Euro-zone’s seasonally adjusted current account surplus widened to €23.0 billion in October, following a revised … Continue reading →

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Crude Oil: Oil trading lower in the morning session

Posted on December 20, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.71% against the USD and closed at USD47.41 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell by 0.5 million … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on December 20, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.14% against the USD and closed at USD14.70 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.63, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on December 20, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.57% against the USD and closed at USD1246.70 per ounce. In the Asian session, at GMT0400, the pair is trading at 1247.60, with gold trading 0.07% higher against the … Continue reading →

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AUD/USD: Australia’s unemployment rate surprisingly jumped in November

Posted on December 20, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.96% against the USD and closed at 0.7113. LME Copper prices declined 0.9% or $56.0/MT to $5987.0/MT. Aluminium prices declined 0.6% or $12.0/MT to $1928.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s consumer price inflation slowed in November

Posted on December 20, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3483. On the macro front, Canada’s consumer price inflation slowed to 1.7% on an annual basis in November, marking its weakest … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on December 20, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9943. In the Asian session, at GMT0400, the pair is trading at 0.9948, with the USD trading 0.05% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading slightly higher in the Asian session

Posted on December 20, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 112.37. In the Asian session, at GMT0400, the pair is trading at 112.33, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: Britain’s inflation slid to a 20-month low level in November

Posted on December 20, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.2621. In economic news, UK’s consumer price index (CPI) eased 2.3% on an annual basis in November, marking its lowest level … Continue reading →

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EUR/USD: Euro-zone’s construction output declined in October

Posted on December 20, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1384, after Italy and the European Commission reached a new budget deal. Macroeconomic data indicated that the Euro-zone’s seasonally adjusted construction … Continue reading →

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

Posted on December 19, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.45% against the USD and closed at USD46.16 per barrel, amid concerns over crude oversupply and after the American Petroleum Institute (API) reported that US crude oil … Continue reading →

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