Daily Archives: March 1, 2019

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

Posted on March 1, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.37% against the USD and closed at USD57.17 per barrel, on OPEC-led supply cuts. In the Asian session, at GMT0400, the pair is trading at 57.40, with … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses this morning

Posted on March 1, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.86% against the USD and closed at USD15.65 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.63, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading a tad lower in the morning session

Posted on March 1, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.54% against the USD and closed at USD1314.70 per ounce, amid strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1314.40, with … Continue reading →

Posted in Gold | Comments Off

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

Posted on March 1, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.62% against the USD and closed at 0.7099. LME Copper prices rose 0.1% or $3.0/MT to $6536.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1893.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s current account deficit widened more-than-estimated in 4Q 2018

Posted on March 1, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3168. Data showed that Canada’s CFIB business barometer climbed to a level of 59.0 in February, following a level of 56.1 … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s gross domestic product climbed in 4Q 2018

Posted on March 1, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CHF and closed at 0.9979. On the data front, Switzerland’s gross domestic product (GDP) advanced 1.4% on a yearly basis in 4Q 2018, less than … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s Nikkei manufacturing PMI contracted at its fastest pace in 2.5 years in February

Posted on March 1, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 111.39. In the Asian session, at GMT0400, the pair is trading at 111.67, with the USD trading 0.25% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s Nationwide house price index unexpectedly eased in February

Posted on March 1, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.38% against the USD and closed at 1.3262. Data indicated that UK’s Nationwide house price index unexpectedly retreated 0.1% on a monthly basis in February, defying market expectations … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s consumer price index rose more-than-expected in February

Posted on March 1, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1371. The US dollar rose against a basket of currencies yesterday, following stronger than expected US fourth quarter gross domestic product … Continue reading →

Posted in EUR/USD | Comments Off