Monthly Archives: January 2019

EUR/USD: Euro-zone’s unemployment rate declined to its lowest level in 10-years in November

Posted on January 10, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1552. On macro front, the Euro-zone’s unemployment rate unexpectedly tumbled to decade low level of 7.9% in November, compared to a … Continue reading →

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

Posted on January 9, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.09% against the USD and closed at USD49.80 per barrel, led by global efforts to contain crude output and optimism around US-China trade talk. Additionally, the American … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on January 9, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.54% against the USD and closed at USD15.71 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.70, with silver trading 0.06% lower against the … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on January 9, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold traded flat against the USD and closed at USD1286.10 per ounce. In the Asian session, at GMT0400, the pair is trading at 1284.30, with gold trading 0.14% lower against the … Continue reading →

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AUD/USD: Australia’s building approvals fell more-than-estimated in November

Posted on January 9, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally rose against the USD and closed at 0.7144. LME Copper prices rose 0.3% or $15.0/MT to $5904.5/MT. Aluminium prices declined 1.1% or $21.0/MT to $1837.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of BoC’s interest rate decision

Posted on January 9, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD and closed at 1.3272. Data showed that trade deficit widened more-than-expected to C$2.1 billion in November, following a revised deficit of C$0.9 billion in … Continue reading →

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USD/CHF: Switzerland’s real retail sales dropped less-than-anticipated in November

Posted on January 9, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.9813. Data showed that Switzerland’s real retail sales fell 0.5% on an annual basis in November, lower than market expectations for … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on January 9, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the JPY and closed at 108.81. In the Asian session, at GMT0400, the pair is trading at 108.88, with the USD trading 0.06% higher against the … Continue reading →

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GBP/USD: UK’s Halifax house prices advanced at its quickest pace in 2-years in October-December 2018

Posted on January 9, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.2721. In economic news, UK’s Halifax house price index rose 1.3% in the three months ended December 2018, rising at its … Continue reading →

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EUR/USD: Euro-zone’s economic sentiment indicator tumbled to a two-year low level in December

Posted on January 9, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.1444, after an unexpected drop in Germany’s industrial output raised fears of a prolonged slowdown in the euro area. Macroeconomic data … Continue reading →

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Crude Oil: Oil trading lower, ahead of API’s weekly crude oil stockpiles data

Posted on January 8, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.93% against the USD and closed at USD48.76 per barrel, amid optimism over US-China trade talks and on support from OPEC production cuts. Adding to the positive … Continue reading →

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