Daily Archives: November 7, 2019

Crude Oil: Oil trading lower in the Asian sessions

Posted on November 7, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.36% against the USD and closed at USD56.39 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose more-than-expected by 7.9 … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on November 7, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.11% against the USD and closed at USD17.59 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.62, with silver … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on November 7, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.43% against the USD and closed at USD1492.00 per ounce, amid news that the US-China trade deal could be delayed. In the Asian session, at GMT0400, the pair is … Continue reading →

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AUD/USD: Australia’s trade surplus widened in September

Posted on November 7, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.17% against the USD and closed at 0.6881. LME Copper prices rose 0.6% or $33.5/MT to $5913.5/MT. Aluminium prices rose 0.2% or $4.0/MT to $1817.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s Ivey PMI contracted to its lowest level in 4.5 years in October

Posted on November 7, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD and closed at 1.3186. In economic news, Canada’s seasonally adjusted Ivey PMI unexpectedly contracted to its lowest level in 4.5 years to 48.2 in … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the morning sission

Posted on November 7, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9926. In the Asian session, at GMT0400, the pair is trading at 0.9925, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on November 7, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 108.97. In the Asian session, at GMT0400, the pair is trading at 108.69, with the USD trading 0.26% lower against the … Continue reading →

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GBP/USD: Britain’s economy would grow by 1.2% in 2019: IMF

Posted on November 7, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.21% against the USD and closed at 1.2857, ahead of the Bank of England’s (BoE) interest rate decision on Thursday . Separately, the IMF forecasted that Britain’s economy … Continue reading →

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EUR/USD: IMF downgrades Euro-zone’s 2019 growth forecast to 1.2%

Posted on November 7, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.05% against the USD and closed at 1.1069. On the data front, Euro-zone’s final Markit services PMI advanced to a level of 52.2 in October, more than market … Continue reading →

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