Daily Archives: October 18, 2019

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on October 18, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.10% against the USD and closed at USD54.01 per barrel, after tension in Middle East eased, after the US and Turkey signed a cease-fire deal in Syria. … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on October 18, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.95% against the USD and closed at USD17.59 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.56, with silver … Continue reading →

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Gold: Yellow metal trading slightly lower in the morning session

Posted on October 18, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1496.40 per ounce, as weakness in US dollar boosted demand appeal for the safe haven commodity. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on October 18, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.05% against the USD and closed at 0.6826. LME Copper prices rose 0.8% or $42.5/MT to $5726.5/MT. Aluminium prices rose 1.3% or $22.5/MT to $1726.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing shipments advanced in August

Posted on October 18, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.3138. Data indicated that Canada’s manufacturing shipments rose 0.8% on a monthly basis in August, higher than market expectations for an … Continue reading →

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USD/CHF: Switzerland’s trade surplus widened beyond estimates in September

Posted on October 18, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CHF and closed at 0.9875. In economic news, Switzerland’s seasonally adjusted trade surplus widened to CHF2.8 billion in September, more than market expectations of a … Continue reading →

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USD/JPY: Japan’s national consumer price inflation slowed in September

Posted on October 18, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the JPY and closed at 108.59. In the Asian session, at GMT0300, the pair is trading at 108.57, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: UK’s retail sales advanced less-than-expectations in September

Posted on October 18, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.2872, following an agreement between British Prime Minister, Boris Johnson and European Union leaders over a new Brexit deal. Data showed … Continue reading →

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EUR/USD: Euro-zone’s construction output fell in August

Posted on October 18, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1126. On the macro front, Euro-zone’s seasonally adjusted construction output fell of 0.5% on a monthly basis in August, less than … Continue reading →

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