Monthly Archives: September 2019

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

Posted on September 13, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD55.23 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) and its allies failed to announce bigger oil … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on September 13, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.55% against the USD and closed at USD18.12 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.13, with silver trading 0.06% higher against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal lower in the morning session

Posted on September 13, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.09% against the USD and closed at USD1505.80 per ounce, after the European Central Bank announced stimulus measures. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading extends its gains in the Asian session

Posted on September 13, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.6863. LME Copper prices rose 1.3% or $77.5/MT to $5842.5/MT. Aluminium prices rose/declined 1.0% or $18.5/MT to $1774.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s new housing price index fell in July

Posted on September 13, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3211. On the macro front, Canada’s new housing price index eased 0.1% on a monthly basis in July, following a similar … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s producer and import price index rose in August

Posted on September 13, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9905. In economic news, Switzerland’s producer and import price index advanced 1.9% on a yearly basis in August, compared to a … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s industrial production advanced in July

Posted on September 13, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the JPY and closed at 108.17. In the Asian session, at GMT0300, the pair is trading at 108.17, with the USD trading flat against the JPY … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Sterling trading a tad higher in the Asian session

Posted on September 13, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.2332. In the Asian session, at GMT0300, the pair is trading at 1.2334, with the GBP trading marginally higher against the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: The ECB trims its deposit rate to a record low level and relaunches its bond purchases

Posted on September 13, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.1058. On the data front, Euro-zone’s seasonally adjusted industrial production unexpectedly declined 0.4% on a monthly basis in July, defying market … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: Oil trading higher in the Asian session

Posted on September 12, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.38% against the USD and closed at USD55.95 per barrel, amid reports that the US President, Donald Trump, is planning to ease sanctions on Iran raising the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on September 12, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.50% against the USD and closed at USD18.22 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.12, with silver … Continue reading →

Posted in Silver | Comments Off