Daily Archives: September 10, 2019

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

Posted on September 10, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.27% against the USD and closed at USD58.12 per barrel, after Saudi Arabia’s new Energy Minister, Prince Abdulaziz bin Salman pledged to continue oil output cuts. In … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on September 10, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.96% against the USD and closed at USD18.07 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.89, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on September 10, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.80% against the USD and closed at USD1506.50 per ounce, amid rise in the US Treasury yields. In the Asian session, at GMT0300, the pair is trading at 1496.30, … Continue reading →

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AUD/USD: Australia’s NAB business confidence index declined in August

Posted on September 10, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.6866. LME Copper prices declined 0.3% or $16.5/MT to $5771.0/MT. Aluminium prices rose 0.4% or $7.5/MT to $1769.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the morning session

Posted on September 10, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3165. In the Asian session, at GMT0300, the pair is trading at 1.3172, with the USD trading 0.05% higher against the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained unchanged in August

Posted on September 10, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9920. On the macro front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.3% in August, in line with market expectations. … Continue reading →

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

Posted on September 10, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the JPY and closed at 107.22. In the Asian session, at GMT0300, the pair is trading at 107.38, with the USD trading 0.15% higher against the … Continue reading →

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GBP/USD: UK’s gross domestic product expanded in July

Posted on September 10, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.51% against the USD and closed at 1.2347, as fears of recession eased following positive GDP data. In economic news, UK’s gross domestic product (GDP) advanced 0.3% on … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence index unexpectedly advanced in September

Posted on September 10, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1049. On the data front, Euro-zone’s Sentix investor confidence index unexpectedly rose to a level of -11.1 in September, defying market … Continue reading →

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