Daily Archives: September 20, 2019

Crude Oil: Oil trading slightly lower, ahead of Baker Hughes weekly rig count data

Posted on September 20, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.07% against the USD and closed at USD58.80 per barrel, amid concerns over longer-than-expected supply shortfalls and rising tensions in the Middle East. In the Asian session, … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on September 20, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.42% against the USD and closed at USD17.85 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.95, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on September 20, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.43% against the USD and closed at USD1506.10 per ounce, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1510.60, with … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on September 20, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.45% against the USD and closed at 0.6796. LME Copper prices rose 0.2% or $13.5/MT to $5758.5/MT. Aluminium prices remained unchanged at $1751.0/MT. Separately, the OECD downgraded Australia’s … Continue reading →

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USD/CAD: Canada’s house price index advanced in August

Posted on September 20, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD and closed at 1.3258. Data showed that Canada’s house price index rose 0.4% on a monthly basis in August, compared to a rise of … Continue reading →

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USD/CHF: SNB decided to keep its benchmark interest rate steady at -0.75%

Posted on September 20, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9927. In economic news, Switzerland’s seasonally adjusted trade surplus narrowed to CHF1.59 billion in August, following a revised surplus of CHF3.69 … Continue reading →

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

Posted on September 20, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the JPY and closed at 108.03. In the Asian session, at GMT0300, the pair is trading at 107.92, with the USD trading 0.10% lower against the … Continue reading →

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GBP/USD: BoE left its key interest rates steady at 0.75%

Posted on September 20, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.2522, after the European Commission President, Jean-Claude Juncker, stated that a Brexit deal is possible before the deadline. The Bank of … Continue reading →

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EUR/USD: Euro-zone’s current account surplus widened more-than-estimated in July

Posted on September 20, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1045. On the macro front, Euro-zone’s seasonally adjusted current account surplus widened to €20.6 billion in July, more than market expectations … Continue reading →

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