Daily Archives: October 1, 2019

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

Posted on October 1, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.18% against the USD and closed at USD54.27 per barrel, after Saudi Aramco restored to its full oil output capacity lost in September. In the Asian session, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on October 1, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.29% against the USD and closed at USD17.08 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.00, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on October 1, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.38% against the USD and closed at USD1479.30 per ounce, amid broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1473.40, with … Continue reading →

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AUD/USD: RBA cuts interest rate to 0.75%

Posted on October 1, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.6749. LME Copper prices rose 0.3% or $14.0/MT to $5728.0/MT. Aluminium prices declined 0.6% or $9.5/MT to $1703.5/MT. Overnight data showed … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on October 1, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3242. In the Asian session, at GMT0300, the pair is trading at 1.3249, with the USD trading 0.05% higher against the … Continue reading →

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USD/CHF: Switzerland KOF economic barometer eased in September

Posted on October 1, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.68% against the CHF and closed at 0.9977. Data showed that Switzerland KOF economic barometer dropped to a level of 93.2 in September, compared to a revised reading … Continue reading →

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USD/JPY: Japan’s manufacturing sector activity contracted at its fastest pace in 7 months in September

Posted on October 1, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the JPY and closed at 108.06. In the Asian session, at GMT0300, the pair is trading at 108.24, with the USD trading 0.17% higher against the … Continue reading →

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GBP/USD: UK’s gross domestic product fell in 2Q 2019

Posted on October 1, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2288. In economic news, UK’s final gross domestic product (GDP) dropped 0.2% on a quarterly basis in 2Q 2019, confirming the … Continue reading →

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EUR/USD: Euro-zone’s unemployment rate declined to a 11-year low level in August

Posted on October 1, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.0898, amid global growth concerns. On the macro front, Euro-zone’s unemployment rate fell to a 11-year low level of 7.4% in … Continue reading →

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