Daily Archives: January 7, 2019

Crude Oil: Oil trading higher in the Asian session

Posted on January 7, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.17% against the USD and closed at USD48.09 per barrel on Friday, amid upbeat US economic data and renewed optimism over US-China trade talks. Additionally, fresh figures … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on January 7, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.91% against the USD and closed at USD15.74 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.84, … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on January 7, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.02% against the USD and closed at USD1285.40 per ounce on Friday, amid broad strength in US equities, following stronger than expected US jobs data. In the Asian session, … Continue reading →

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AUD/USD: Aussies extends its gains in the Asian session

Posted on January 7, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.30% against the USD and closed at 0.7115 on Friday. LME Copper prices rose 0.5% or $29.0/MT to $5840.0/MT. Aluminium prices rose 2.9% or $53.5/MT to $1879.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate remained steady at a 43-year low level in December

Posted on January 7, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD and closed at 1.3396 on Friday. On macro front, Canada’s unemployment rate remained steady at a 43-year low level of 5.6% in December, lower … Continue reading →

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

Posted on January 7, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9865 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9842, with the USD trading 0.23% lower … Continue reading →

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USD/JPY: Japan’s Nikkei services PMI expanded at its weakest pace in 3-months in December

Posted on January 7, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 108.49 on Friday. In the Asian session, at GMT0400, the pair is trading at 108.10, with the USD trading 0.36% lower … Continue reading →

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GBP/USD: UK’s services sector activity expanded at its fastest pace in December

Posted on January 7, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.82% against the USD and closed at 1.2737 on Friday. Macroeconomic data revealed that UK’s services PMI expanded to a level of 51.2 in December, amid modest gains … Continue reading →

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EUR/USD: Euro-zone’s inflation slowed to a eight-month low level in December,

Posted on January 7, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1399 on Friday. Data indicated that the Euro-zone’s flash consumer price inflation slowed more than expected to 1.6% on a yearly … Continue reading →

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