Gold: Yellow metal trading lower in the Asian session

Posted on October 9, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.96% against the USD and closed at USD1511.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 1510.90, with gold trading 0.06% lower against the … Continue reading →

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AUD/USD: Australia’s consumer confidence index fell to a 4-year low level in October

Posted on October 9, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.673. LME Copper prices rose 0.4% or $24.5/MT to $5650.5/MT. Aluminium prices rose 1.1% or $19.0/MT to $1732.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts declined less-than-anticipated in September

Posted on October 9, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3323. On the macro front, Canada’s seasonally adjusted housing starts fell less-than-anticipated to a level of 221.2K in September, compared to … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained unchanged in September

Posted on October 9, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.9927. On the data front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.3% in September, in line with market expectations. … Continue reading →

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

Posted on October 9, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the JPY and closed at 107.01. In the Asian session, at GMT0300, the pair is trading at 107.17, with the USD trading 0.15% higher against the … Continue reading →

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GBP/USD: Sterling trading lower in the morning session

Posted on October 9, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.50% against the USD and closed at 1.2225. Separately, the Bank of England, Governor, Mark Carney, in his speech, warned over the adverse impact of climate changes on … Continue reading →

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EUR/USD: Germany’s monthly industrial production rebounded in August

Posted on October 9, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.0959. In economic news, Germany’s seasonally adjusted industrial production unexpectedly rose 0.3% on a monthly basis in August, defying market forecast … Continue reading →

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil data

Posted on October 8, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.32% against the USD and closed at USD52.86 per barrel, amid renewed hopes over upcoming fresh trade talks between the US-China. Additionally, the S&P Global Platts survey … Continue reading →

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Silver: White metal trading flat in the morning session

Posted on October 8, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.85% against the USD and closed at USD17.46 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.46, with silver … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on October 8, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.94% against the USD and closed at USD1499.20 per ounce, as a broadly firmer US Dollar dented demand for the safe haven commodity. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Australia’s NAB business conditions advanced and business confidence deteriorated, both, in September

Posted on October 8, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.34% against the USD and closed at 0.6731. LME Copper prices rose 0.5% or $27.0/MT to $5626.0/MT. Aluminium prices rose 0.7% or $11.5/MT to $1713.0/MT. In the Asian … Continue reading →

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