Daily Archives: October 16, 2019

Crude Oil: Oil trading a tad lower in the Asian session

Posted on October 16, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.99% against the USD and closed at USD52.97 per barrel, as lower economic growth forecast from the International Monetary Fund (IMF) stoked worries about crude oil demand. … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 16, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.53% against the USD and closed at USD17.42 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.46, with silver … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on October 16, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.75% against the USD and closed at USD1485.00 per ounce, amid strength in the US equities. In the Asian session, at GMT0300, the pair is trading at 1486.40, with … Continue reading →

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AUD/USD: Australia’s Westpac leading index declined in September

Posted on October 16, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.40% against the USD and closed at 0.6749. LME Copper prices rose 0.5% or $26.5/MT to $5745.0/MT. Aluminium prices declined 0.2% or $2.5/MT to $1702.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on October 16, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD and closed at 1.3201. In the Asian session, at GMT0300, the pair is trading at 1.3208, with the USD trading 0.05% higher against the … Continue reading →

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USD/CHF: Switzerland’s producer and import price index dropped in September

Posted on October 16, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.9988. In economic news, Switzerland’s producer and import price index declined 2.0% on an annual basis in September, meeting market expectations. … Continue reading →

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USD/JPY: Japanese Yen trading higher in the morning session

Posted on October 16, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the JPY and closed at 108.85. In the Asian session, at GMT0300, the pair is trading at 108.69, with the USD trading 0.15% lower against the … Continue reading →

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GBP/USD: UK’s ILO unemployment rate unexpectedly rose in the three months ended August 2019

Posted on October 16, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.23% against the USD and closed at 1.2761, amid renewed hopes over a divorce deal between Britain and the European Union. On the macro front, UK’s ILO unemployment … Continue reading →

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EUR/USD: Euro-zone’s economic sentiment index fell less-than-anticipated in October

Posted on October 16, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1028. On the data front, Euro-zone’s ZEW economic sentiment index declined to a level of -23.5 in October, less than market … Continue reading →

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