Daily Archives: January 4, 2019

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data and Baker Hughes weekly rig count

Posted on January 4, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.58% against the USD and closed at USD46.91 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 4.5 million barrels … Continue reading →

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

Posted on January 4, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.12% against the USD and closed at USD15.80 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.87, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on January 4, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.44% against the USD and closed at USD1296.20 per ounce, amid broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1297.30, with … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on January 4, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.88% against the USD and closed at 0.7003. LME Copper prices declined 0.5% or $28.0/MT to $5811.0/MT. Aluminium prices declined 1.8% or $32.5/MT to $1825.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower in the Asian session

Posted on January 4, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.10% against the CAD and closed at 1.3483. In the Asian session, at GMT0400, the pair is trading at 1.3484, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Switzerland’s manufacturing activity expanded in December

Posted on January 4, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9868. Data revealed that Switzerland’s SVME manufacturing PMI unexpectedly advanced to a level of 57.8 in December, cofounding market expectations for … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the morning session

Posted on January 4, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 107.66. In the Asian session, at GMT0400, the pair is trading at 108.31, with the USD trading 0.60% higher against the … Continue reading →

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GBP/USD: UK’s construction PMI declined to a three-month low level in December

Posted on January 4, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.76% against the USD and closed at 1.2638. On macro front, UK’s construction PMI fell to a 3-month low level of 52.8 in December, amid escalating concerns over … Continue reading →

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EUR/USD: Euro trading a tad higher in the Asian session

Posted on January 4, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1395. The US dollar declined against its major peers, following disappointing factory data. Data showed that the US ISM manufacturing activity … Continue reading →

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