Monthly Archives: December 2019

EUR/USD: Euro-zone’s consumer confidence dropped in December

Posted on December 23, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.40% against the USD and closed at 1.1077 on Friday. Data indicated that Euro-zone’s seasonally adjusted current account surplus unexpectedly widened to €32.4 billion in October, driven by … Continue reading →

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

Posted on December 20, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.36% against the USD and closed at USD61.06 per barrel, amid positive development in the US-China trade deal. In the Asian session, at GMT0400, the pair is … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on December 20, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.29% against the USD and closed at USD17.12 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.10, with silver … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on December 20, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.21% against the USD and closed at USD1482.70 per ounce, following President, Donald Trump’s impeachment by the US House of Representatives. In the Asian session, at GMT0400, the pair … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on December 20, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.48% against the USD and closed at 0.6884. LME Copper prices rose 0.6% or $34.5/MT to $6161.0/MT. Aluminium prices rose 0.4% or $7.5/MT to $1765.5/MT. In the Asian … Continue reading →

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USD/CAD; Loonie extends its losses in the morning session

Posted on December 20, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3126. In the Asian session, at GMT0400, the pair is trading at 1.3133, with the USD trading 0.05% higher against the … Continue reading →

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USD/CHF: Switzerland’s trade surplus fell for the second straight month in November

Posted on December 20, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9782. In economic news, Switzerland’s seasonally adjusted trade surplus narrowed to CHF2.21 billion in November, declining for the second consecutive month … Continue reading →

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USD/JPY: Japan’s national consumer price index rose more-than-expected in November

Posted on December 20, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the JPY and closed at 109.35. In the Asian session, at GMT0400, the pair is trading at 109.33, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: BoE kept its interest rate unchanged at 0.75%

Posted on December 20, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.55% against the USD and closed at 1.3011, as Brexit worries outweighed Bank of England’s rate view. On the macro front, UK’s retail sales unexpectedly fell 0.6% on … Continue reading →

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EUR/USD: Euro trading a tad lower in the Asian session

Posted on December 20, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1122. In the US, data showed that the Philadelphia Fed manufacturing index declined to a six-month low level of 0.3 in … Continue reading →

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Crude Oil: Oil trading higher in the morning session

Posted on December 19, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.50% against the USD and closed at USD60.84 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell by 1.1 million … Continue reading →

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