Crude Oil: Oil extends its gains in the Asian session

Posted on August 15, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.52% against the USD and closed at USD 44.70 per barrel, amid rising speculations that the Organisation of the Petroleum Exporting Countries (OPEC) will meet soon to … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on August 15, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.4% against the USD and closed at 19.70. In the Asian session, at GMT0300, the pair is trading at 19.82, with the silver trading 0.61% higher from Friday’s close. … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session

Posted on August 15, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.3% against the USD and closed at USD 1340.3 per ounce, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1344.2, with … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading lower in the Asian session

Posted on August 15, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.65% against the USD and closed at 0.7650. LME Copper prices declined 1.33% or $64.0/MT to $4746.0/MT. Aluminium prices rose 0.31% or $5.0/MT to $1635.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading weaker in the Asian session

Posted on August 15, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.2958. On the economic front, the Teranet-National Bank National house price index in Canada advanced 2.0% MoM in July, following a … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on August 15, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9746. In the Asian session, at GMT0300, the pair is trading at 0.9757, with the USD trading 0.11% higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese economy stagnated in the second quarter of 2016

Posted on August 15, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.64% against the JPY and closed at 101.23. In the Asian session, at GMT0300, the pair is trading at 101.33, with the USD trading 0.1% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Rightmove house prices decline in August

Posted on August 15, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.36% against the USD and closed at 1.2908. In economic news, UK’s seasonally adjusted construction output declined more-than-expected by 2.2% YoY in June, compared to market expectations for … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s economic growth moderated in the second quarter

Posted on August 15, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1160, after Germany’s seasonally adjusted flash gross domestic product (GDP) rose more-than-expected by 0.4% on a quarterly basis in 2Q 2016, … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on August 12, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 5.06% against the USD and closed at 43.60, after the International Energy Agency (IEA) forecasted that crude markets would tighten in the second half of this year. … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on August 12, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.09% against the USD and closed at 19.98. In the Asian session, at GMT0300, the pair is trading at 20.015, with the silver trading 0.18% higher from yesterday’s close. … Continue reading →

Posted in Silver | Comments Off