Monthly Archives: October 2019

Crude Oil: Oil trading higher in the morning session

Posted on October 31, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.03% against the USD and closed at USD54.97 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 5.7 million … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 31, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.34% against the USD and closed at USD17.87 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.91, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on October 31, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.51% against the USD and closed at USD1497.40 per ounce, after the Federal Reserve’s slashed its key interest rate and signalled that it will hold future rate cuts. In … Continue reading →

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AUD/USD: Australia’s private sector credit demand advanced in September

Posted on October 31, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.60% against the USD and closed at 0.6899. LME Copper prices rose 0.1% or $3.5/MT to $5883.0/MT. Aluminium prices rose 0.5% or $9.0/MT to $1746.5/MT. In the Asian … Continue reading →

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USD/CAD: BoC held its key interest rate steady at 1.75%

Posted on October 31, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.3163. The Bank of Canada (BoC), in its latest monetary policy meeting, held its key interest rate steady at 1.75%, as … Continue reading →

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USD/CHF: Switzerland’s economic expectations index fell in October

Posted on October 31, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CHF and closed at 0.9891. In economic news, Switzerland’s economic expectations index eased to a level of -30.5 in October, following a reading of -15.4 … Continue reading →

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USD/JPY: BoJ left its benchmark interest rate unchanged at -0.1%

Posted on October 31, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the JPY and closed at 108.79. In the Asian session, at GMT0400, the pair is trading at 108.63, with the USD trading 0.15% lower against the … Continue reading →

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GBP/USD: British Pound extends its gains in the Asian session

Posted on October 31, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.2904, as British lawmakers approved a legislation to hold a snap election in December. In the Asian session, at GMT0400, the … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index declined as estimated in October

Posted on October 31, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1153. On the data front, Euro-zone’s final consumer confidence index fell to a level of -7.6 in October, meeting market expectations … Continue reading →

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

Posted on October 30, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.48% against the USD and closed at USD55.54 per barrel. Separately, the American Petroleum Institute (API) reported that US crude oil inventories fell by 1.7 million barrels … Continue reading →

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Silver: White metal trading on a negative footing this morning

Posted on October 30, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.17% against the USD and closed at USD17.81 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.78, with silver … Continue reading →

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