Monthly Archives: November 2019

EUR/USD: Euro-zone’s manufacturing PMI rose to a 3-month high level in November

Posted on November 25, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1021 on Friday. On the data front, Euro-zone’s preliminary manufacturing PMI advanced to a 3-month high level of 46.6 in November, … Continue reading →

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

Posted on November 22, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.33% against the USD and closed at USD58.31 per barrel, amid reports that the Organization of the Petroleum Exporting Countries (OPEC) and its allies are considering extending … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on November 22, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.52% against the USD and closed at USD17.22 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.20, with silver … Continue reading →

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Gold: Yellow metal trading slightly higher in the Asian session

Posted on November 22, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at USD1471.30 per ounce, amid strength in the US dollar and amid news that China has invited top US officials for trade talks. … Continue reading →

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AUD/USD: Australia’s manufacturing PMI contracted in November

Posted on November 22, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.16% against the USD and closed at 0.6787. LME Copper prices rose 1.0% or $60.0/MT to $5813.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1753.0/MT. In the Asian … Continue reading →

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

Posted on November 22, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD and closed at 1.3282. In the Asian session, at GMT0400, the pair is trading at 1.3281, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Switzerland’s industrial production advanced in 3Q 2019

Posted on November 22, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9929. In economic news, Switzerland’s industrial production climbed 8.0% on an annual basis in 3Q 2019, following a revised rise of … Continue reading →

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USD/JPY: Japan’s manufacturing PMI advanced in November

Posted on November 22, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the JPY and closed at 108.59. In the Asian session, at GMT0400, the pair is trading at 108.64, with the USD trading 0.05% higher against the … Continue reading →

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GBP/USD: OECD upgrades UK’s growth forecast to 1.2% in 2021

Posted on November 22, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2911. On the macro front, UK’s budget deficit widened to £11.21 billion in October, exceeding market expectations. According to the OECD … Continue reading →

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EUR/USD: OECD trims global growth forecast

Posted on November 22, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1062. On the data front, Euro-zone’s flash consumer confidence index advanced to a level of -7.2 in November, more than market … Continue reading →

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Crude Oil: Oil reverses its gains in the Asian session

Posted on November 21, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.30% against the USD and closed at USD56.98 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose less-than-anticipated by 1.4 … Continue reading →

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