Silver: White metal reverses its losses in the morning session

Posted on December 24, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.98% against the USD and closed at USD14.70 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.78, … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the morning session

Posted on December 24, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.49% against the USD and closed at USD1258.30 per ounce on Friday, amid strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on December 24, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.01% against the USD and closed at 0.7045 on Friday. LME Copper prices declined 1.1% or $64.0/MT to $5987.0/MT. Aluminium prices declined 0.2% or $3.5/MT to $1920.0/MT. In … Continue reading →

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USD/CAD: Canada’s gross domestic product climbed at its strongest pace in 5-months in October

Posted on December 24, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3595 on Friday. Data indicated that Canada’s gross domestic product (GDP) rebounded 0.3% on a monthly basis in October, rising at … Continue reading →

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USD/CHF: Switzerland’s M3 money supply expanded in November

Posted on December 24, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the CHF and closed at 0.9956 on Friday. On the data front, Switzerland’s M3 money supply rose 2.8% on an annual basis in November, following a … Continue reading →

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USD/JPY: Japanese Yen trading higher in the morning session

Posted on December 24, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the JPY and closed at 111.34 on Friday. In the Asian session, at GMT0400, the pair is trading at 111.10, with the USD trading 0.22% lower … Continue reading →

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GBP/USD: UK’s economy climbed as estimated in 3Q 2018

Posted on December 24, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.28% against the USD and closed at 1.2630 on Friday. In economic news, UK’s final gross domestic product (GDP) climbed 0.6% on a quarterly basis in 3Q 2018, … Continue reading →

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

Posted on December 24, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1365 on Friday. On the macro front, the Euro-zone’s preliminary consumer confidence index declined to a level of -6.2 in December, … Continue reading →

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

Posted on December 21, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.17% against the USD and closed at USD46.38 per barrel, amid worries over excess supply and outlook for energy demand. In the Asian session, at GMT0400, the … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on December 21, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.99% against the USD and closed at USD14.84 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.83, with silver … Continue reading →

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Gold: Yellow metal trading flat in the morning session

Posted on December 21, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.20% against the USD and closed at USD1263.40 per ounce, amid weakness in the US dollar and equities. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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