Daily Archives: January 28, 2020

Crude Oil: Oil holds steady in the Asian session

Posted on January 28, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.45% against the USD and closed at USD52.87 per barrel yesterday, amid rising concerns about global crude oil demand, as the death toll from China’s coronavirus rapidly … Continue reading →

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Silver: White metal trading weaker in the Asian session

Posted on January 28, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.25% against the USD and closed at USD18.08 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.05, with silver trading 0.14% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on January 28, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.62% against the USD and closed at USD1587.40 per ounce, as mounting concerns over the economic fallout of the coronavirus outbreak bolstered demand for the safe haven asset. In … Continue reading →

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AUD/USD: Aussie tad lower in the Asian session

Posted on January 28, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 2.62% against the USD and closed at 0.6761. LME Copper prices declined 3.2% or $189.0/MT to $5779.0/MT. Aluminium prices declined 1.1% or $20.0/MT to $ 1755.5/MT. In the … Continue reading →

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USD/CAD: Loonie reverses its losses in the Asian session

Posted on January 28, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.56% against the CAD and closed at 1.3192 yesterday. In the Asian session, at GMT0400, the pair is trading at 1.3188, with the USD trading marginally lower against … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the morning session

Posted on January 28, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9697. In the Asian session, at GMT0400, the pair is trading at 0.9704, with the USD trading 0.07% higher against the … Continue reading →

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USD/JPY: The BoJ’s Summary of Opinions awaited later today

Posted on January 28, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.95% against the JPY and closed at 108.93 yesterday. On the data front, Japan’s corporate service price index held steady at 2.10% on an annual basis in December. … Continue reading →

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GBP/USD: British Pound extends its losses in the morning session

Posted on January 28, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.3058 yesterday. Meanwhile, British mortgage approvals advanced to a level of 46.82K in December, from a revised reading of 44.06K in … Continue reading →

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EUR/USD: German business morale unexpectedly deteriorates in January

Posted on January 28, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1020 yesterday, after German business climate index unexpectedly dropped to a level of 95.90 in January, compared with the reading of … Continue reading →

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