Silver: White metal trading lower this morning

Posted on October 22, 2015 by GCI Financial

Silver Movement Silver prices declined 1.29% to USD 15.67 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.66, with the silver trading marginally lower … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on October 22, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1166.40 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on October 22, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.71% against the USD to close at 0.7212. LME Copper prices declined 0.07% or $3.5/MT to $5185.5/MT. Aluminium prices declined 1.03% or $15.5/MT to $1491.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses, ahead of Canada’s retail sales data

Posted on October 22, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.02% against the CAD to close at 1.3117. Yesterday, the Bank of Canada, in a widely expected move kept its key overnight lending rate unchanged at 0.5%, following … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on October 22, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 0.9593. In economic news, Switzerland’s M3 money supply advanced 1.2% YoY in September, compared to prior month’s 1.4% rise. In the … Continue reading →

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USD/JPY: Japanese Yen trading flat this morning

Posted on October 22, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 119.88. The Japanese yen came under pressure after weak trade data led to speculation that the BoJ might boost its existing … Continue reading →

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GBP/USD: Pound trading higher, ahead of Britain’s retail sales data

Posted on October 22, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5418. In economic news, UK’s public sector net borrowing reported a surplus of £8.6 billion in September, against investor expectations for … Continue reading →

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EUR/USD: Euro trading tad higher, ahead of the ECB’s interest rate decision

Posted on October 22, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1342. In the US, mortgage applications rose sharply last week. Data revealed that MBA mortgage applications advanced 11.8% in the week … Continue reading →

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Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data

Posted on October 21, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 45.88, after oscillating between gains and losses during the trading session. Separately, the American Petroleum Institute (API) reported that US … Continue reading →

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Silver: White metal trading on a stronger footing in the Asian session

Posted on October 21, 2015 by GCI Financial

Silver Movement Silver prices rose 0.38% to USD 15.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.88, with the silver trading marginally higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on October 21, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1176.50 per ounce, amid rising prospects of more QE from the ECB and a delay in interest rate hike by the … Continue reading →

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