Daily Archives: January 16, 2019

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

Posted on January 16, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.68% against the USD and closed at USD51.94 per barrel, amid hopes that China would take necessary steps to boost economy. Additionally, the American Petroleum Institute (API) … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on January 16, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.54% against the USD and closed at USD15.63 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.61, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on January 16, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.25% against the USD and closed at USD1289.40 per ounce, amid strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1288.80, with … Continue reading →

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AUD/USD: Aussie trading a tad lower in the morning session

Posted on January 16, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.7204. LME Copper prices rose 0.4% or $21.0/MT to $5882.0/MT. Aluminium prices rose 2.0% or $35.0/MT to $1810.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales declined more-than-estimated in December

Posted on January 16, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3267. In economic news, Canada’s existing home sales eased 2.5% on a monthly basis in December, compared to a drop of … Continue reading →

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USD/CHF: Swiss Franc trading flat in the morning session

Posted on January 16, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CHF and closed at 0.9879. In the Asian session, at GMT0400, the pair is trading at 0.9879, with the USD trading flat against the CHF … Continue reading →

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USD/JPY: Japan’s machine tool orders fell for the third consecutive month in December

Posted on January 16, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 108.67. On data front, Japan’s flash machine tool orders dropped for the third consecutive month by 18.3% on an annual basis … Continue reading →

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GBP/USD: British Pound extends its losses in the Asian session

Posted on January 16, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.29% against the USD and closed at 1.2863. In major news, UK Prime Minister Theresa May’s Brexit divorce deal was rejected by the parliament, raising worries over a … Continue reading →

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EUR/USD: Euro-zone’s trade surplus widened beyond expectations in November

Posted on January 16, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1411, after the European Central Bank President, Mario Draghi warned that Euro-zone’s economic growth has been weaker than expected, amid rising … Continue reading →

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