Daily Archives: November 1, 2019

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

Posted on November 1, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.56% against the USD and closed at USD54.11 per barrel, amid growing concerns over global economic growth and crude oil demand.. In the Asian session, at GMT0400, … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on November 1, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.29% against the USD and closed at USD18.10 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.07, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses it gains in the Asian session

Posted on November 1, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.12% against the USD and closed at USD1514.40 per ounce, amid weakness in the US dollar and as concerns over US-China trade deal resurfaced. In the Asian session, at … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s AIG performance of manufacturing index declined in October

Posted on November 1, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.12% against the USD and closed at 0.6891. LME Copper prices declined 1.0% or $58.0/MT to $5825.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1742.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s gross domestic product advanced in August

Posted on November 1, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3168. Data showed that Canada’s gross domestic product (GDP) advanced 1.3% on an annual basis in August, following a similar rise … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher in the morning session

Posted on November 1, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9867. In the Asian session, at GMT0400, the pair is trading at 0.9860, with the USD trading 0.07% lower against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s consumer confidence index unexpectedly advanced in October

Posted on November 1, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the JPY and closed at 108.02. On the macro front, Japan’s consumer confidence index unexpectedly rose to a level of 36.2 in October, defying market expectations … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: British Pound extends its gains in the Asian session

Posted on November 1, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.2934. In the Asian session, at GMT0400, the pair is trading at 1.2959, with the GBP trading 0.19% higher against the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s economy grew more-than-expected in 3Q 2019

Posted on November 1, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1152. On the data front, Euro-zone’s seasonally adjusted preliminary gross domestic product (GDP) rose 0.2% on a quarterly basis in 3Q … Continue reading →

Posted in EUR/USD | Comments Off