Daily Archives: October 2, 2019

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

Posted on October 2, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.50% against the USD and closed at USD54.00 per barrel, as disappointing US manufacturing data and following Ecuador’s decision to exit from the Organization of the Petroleum … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on October 2, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.32% against the USD and closed at USD17.31 per ounce, in line with rise in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.27, … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on October 2, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.49% against the USD and closed at USD1486.40 per ounce, amid disappointing US manufacturing data. In the Asian session, at GMT0300, the pair is trading at 1483.10, with gold … Continue reading →

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AUD/USD: Aussie trading higher, ahead of trade balance data

Posted on October 2, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.64% against the USD and closed at 0.6706. LME Copper prices declined 2.1% or $118.0/MT to $5610.0/MT. Aluminium prices rose 0.1% or $2.0/MT to $1705.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s gross domestic product rose in July

Posted on October 2, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD and closed at 1.3221. On the data front, Canada’s gross domestic product (GDP) rose 1.3% on a yearly basis in July, following an advance … Continue reading →

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USD/CHF: Switzerland’s SVME manufacturing PMI declined more-than-expected in September

Posted on October 2, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CHF and closed at 0.9932. In economic news, Switzerland’s SVME manufacturing PMI declined to a level of 44.6 in September, more than market expectations for … Continue reading →

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

Posted on October 2, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the JPY and closed at 107.75. In the Asian session, at GMT0300, the pair is trading at 107.80, with the USD trading 0.05% higher against the … Continue reading →

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GBP/USD: UK’s manufacturing PMI unexpected rose in September

Posted on October 2, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2287. Data indicated that UK’s seasonally adjusted Nationwide house price index unexpectedly eased 0.2% on a monthly basis in September, defying … Continue reading →

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EUR/USD: Euro-zone’s consumer price inflation slowed to a 3-year low level in September

Posted on October 2, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.0931. On the macro front, Euro-zone’s preliminary consumer price inflation slowed to 0.9% on an annual basis in September, markings its … Continue reading →

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