Daily Archives: October 25, 2019

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

Posted on October 25, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.63% against the USD and closed at USD56.10 per barrel, amid prospects of deeper production cuts by the Organization of the Petroleum Exporting Countries and other oil … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on October 25, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.45% 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 17.85, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the morning session

Posted on October 25, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.76% against the USD and closed at USD1506.40 per ounce, after weak US economic data boosted possibilities of an interest rate cut by the Federal reserve. In the Asian … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading flat in the Asian session

Posted on October 25, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.54% against the USD and closed at 0.6815. LME Copper prices rose 1.7% or $96.0/MT to $5869.0/MT. Aluminium prices rose 0.2% or $3.0/MT to $1715.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad higher in the morning session

Posted on October 25, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3073. In the Asian session, at GMT0300, the pair is trading at 1.3072, with the USD trading marginally lower against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower in the Asian session

Posted on October 25, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9924. In the Asian session, at GMT0300, the pair is trading at 0.9929, with the USD trading 0.05% higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s leading economic index fell more-than-expected in August

Posted on October 25, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 108.63. Data showed that Japan’s final leading economic index dropped to a level of 91.9 In August, higher than market expectations … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s BBA mortgage approvals fell in September

Posted on October 25, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.2838, amid uncertainty over the European Union’s decision on whether to grant Brexit extension. In economic news, UK’s BBA mortgage approvals … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s services PMI unexpectedly fell to a 37-month low level in October

Posted on October 25, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1103. On the macro front, Euro-zone’s preliminary manufacturing PMI remained unchanged at 45.7 in October. Moreover, the region’s flash services PMI … Continue reading →

Posted in EUR/USD | Comments Off