Monthly Archives: January 2019

Silver: White metal extends its gains in the morning session

Posted on January 23, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.82% against the USD and closed at USD15.36 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.38, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Posted on January 23, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.58% against the USD and closed at USD1284.70 per ounce, amid mounting US-China trade tensions, following reports that the US has cancelled a meeting with Chinese officials. In the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s Westpac leading index eased in December

Posted on January 23, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.36% against the USD and closed at 0.7124. LME Copper prices declined 0.4% or $25.0/MT to $5926.5/MT. Aluminium prices rose 1.4% or $25.0/MT to $1867.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s manufacturing shipments fell beyond expectations in November

Posted on January 23, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD and closed at 1.3354. In economic news, Canada’s manufacturing shipments declined 1.4% on a monthly basis in November, higher than market expectations for a … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad lower in the Asian session

Posted on January 23, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9971. In the Asian session, at GMT0400, the pair is trading at 0.9975, with the USD trading marginally higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: BoJ leaves interest rate unchanged, however cuts inflation forecasts

Posted on January 23, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 109.33. In the Asian session, at GMT0400, the pair is trading at 109.71, with the USD trading 0.35% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s unemployment rate dropped to a 44-year low level in the three months to November

Posted on January 23, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.2961, on the back of upbeat jobs data. On macro front, data showed that UK’s ILO unemployment rate unexpectedly dropped to … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s ZEW economic sentiment index advanced in January

Posted on January 23, 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 1.1363. Data revealed that the Euro-zone’s ZEW economic sentiment index rose to a level of -20.9 in January, compared to a … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: Oil reverses its gains in the Asian session

Posted on January 22, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.22% against the USD and closed at USD53.88 per barrel, buoyed by OPEC production cuts. In the Asian session, at GMT0400, the pair is trading at 53.47, … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on January 22, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.46% against the USD and closed at USD15.29 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.23, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a negative footing this morning

Posted on January 22, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1279.60 per ounce, as strength in the US dollar dented demand for the safe haven asset. In the Asian session, at GMT0400, … Continue reading →

Posted in Gold | Comments Off