Gold: Yellow metal extends its gains in the Asian session

Posted on October 25, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.16% against the USD and closed at USD1236.60 per ounce, amid weakness in the US equities. In the Asian session, at GMT0300, the pair is trading at 1239.10, with … Continue reading →

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

Posted on October 25, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.7065. LME Copper prices rose 0.8% or $47.5/MT to $6215.0/MT. Aluminium prices rose 0.5% or $9.5/MT to $1987.5/MT. In the Asian … Continue reading →

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USD/CAD: The Bank of Canada (BoC) raised its benchmark interest rate to 1.75%

Posted on October 25, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3043. The Bank of Canada (BoC) raised its key interest rate by 25 basis points to 1.75% for the fifth time … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on October 25, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 0.9971. In the Asian session, at GMT0300, the pair is trading at 0.9962, with the USD trading 0.09% lower against the … Continue reading →

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USD/JPY: Japanese yen trading a tad higher in the morning session

Posted on October 25, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the JPY and closed at 112.14. On the data front, Japan’s final coincident index advanced to a level of 116.7 in August, compared to a level … Continue reading →

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GBP/USD: Britain’s BBA mortgage applications slid more-than-estimated in September

Posted on October 25, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.75% against the USD and closed at 1.2886. Data revealed that UK’s BBA mortgage applications dropped to a level of 38.5K in September, compared to a level of … Continue reading →

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EUR/USD: Euro-zone’s Markit manufacturing and services PMIs posted sharp losses in October

Posted on October 25, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.63% against the USD and closed at 1.14398, amid dismal economic data. In the economic news, the Eurozone’s flash manufacturing PMI slid to a 26-month low level of … Continue reading →

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

Posted on October 24, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.79% against the USD and closed at USD66.24 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories climbed by 9.9 million barrels … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 24, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.41% against the USD and closed at USD14.79 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.82, with silver … Continue reading →

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

Posted on October 24, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.76% against the USD and closed at USD1234.10 per ounce, amid broad weakness in the greenback and global equities. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on October 24, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.7083. LME Copper prices declined 1.9% or $116.5/MT to $6167.5/MT. Aluminium prices declined 0.3% or $5.5/MT to $1997.0/MT. In the Asian … Continue reading →

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