Daily Archives: October 9, 2019

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

Posted on October 9, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.89% against the USD and closed at USD52.39 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 4.1 million barrels … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on October 9, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.03% against the USD and closed at USD17.82 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.80, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Posted on October 9, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.96% against the USD and closed at USD1511.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 1510.90, with gold trading 0.06% lower against the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s consumer confidence index fell to a 4-year low level in October

Posted on October 9, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.673. LME Copper prices rose 0.4% or $24.5/MT to $5650.5/MT. Aluminium prices rose 1.1% or $19.0/MT to $1732.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s housing starts declined less-than-anticipated in September

Posted on October 9, 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 1.3323. On the macro front, Canada’s seasonally adjusted housing starts fell less-than-anticipated to a level of 221.2K in September, compared to … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s unemployment rate remained unchanged in September

Posted on October 9, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.9927. On the data front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.3% in September, in line with market expectations. … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on October 9, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the JPY and closed at 107.01. In the Asian session, at GMT0300, the pair is trading at 107.17, with the USD trading 0.15% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Sterling trading lower in the morning session

Posted on October 9, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.50% against the USD and closed at 1.2225. Separately, the Bank of England, Governor, Mark Carney, in his speech, warned over the adverse impact of climate changes on … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s monthly industrial production rebounded in August

Posted on October 9, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.0959. In economic news, Germany’s seasonally adjusted industrial production unexpectedly rose 0.3% on a monthly basis in August, defying market forecast … Continue reading →

Posted in EUR/USD | Comments Off