Monthly Archives: October 2019

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

Crude Oil: Oil trading lower in the Asian session

Posted on October 24, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.80% against the USD and closed at USD55.75 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 1.7 million … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading flat this morning

Posted on October 24, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.09% against the USD and closed at USD17.56 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.56, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading slightly higher in the morning session

Posted on October 24, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1494.80 per ounce, as ongoing Brexit uncertainty boosted demand appeal for the safe haven commodity. In the Asian session, at GMT0300, the … Continue reading →

Posted in Gold | Comments Off

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

Posted on October 24, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.6852. LME Copper prices declined 0.4% or $21.0/MT to $5773.0/MT. Aluminium prices rose 0.3% or $4.5/MT to $1712.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad lower in the Asian session

Posted on October 24, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3075. In the Asian session, at GMT0300, the pair is trading at 1.3076, with the USD trading slightly higher against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on October 24, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9907. In the Asian session, at GMT0300, the pair is trading at 0.9901, with the USD trading 0.06% lower against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s manufacturing PMI contracted at its quickest pace in 3 years in October

Posted on October 24, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 108.66. In the Asian session, at GMT0300, the pair is trading at 108.59, with the USD trading 0.06% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Sterling trading marginally higher in the Asian session

Posted on October 24, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.2917. In the Asian session, at GMT0300, the pair is trading at 1.2919, with the GBP trading a tad higher against … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s consumer confidence index fell to a 10-month low level in October

Posted on October 24, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1132. On the data front, Euro-zone’s preliminary consumer confidence index declined to its lowest level in 10 months by -7.6 in … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on October 23, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.52% against the USD and closed at USD54.23 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) an its allies decided to consider deeper production … Continue reading →

Posted in Crude Oil | Comments Off