Daily Archives: February 1, 2016

Crude Oil: Oil extends its losses in the Asian session

Posted on February 1, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.66% against the USD and closed at 33.33. However, losses in oil prices were kept in check amid hopes of an output cut by the Organisation … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on February 1, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver traded flat against the USD and closed at 14.26. In the Asian session, at GMT0400, the pair is trading at 14.30, with the silver trading 0.28% higher from Friday’s … Continue reading →

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Gold: Gold trading higher this morning

Posted on February 1, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.15% against the USD and closed at 1117, after US economy lost some momentum in the final quarter of 2015, amid global weakness and financial market turmoil. In … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on February 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.7075. LME Copper prices declined 0.26% or $ 12.0/MT to $ 4541.50/MT. Aluminium prices rose 0.16% or $ 2.5/MT to $ … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s RBC manufacturing PMI data

Posted on February 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.4045. On the economic front, data indicated that Canada’s GDP growth expanded for the first time in three months by 0.3% … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing in the Asian session

Posted on February 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 1.0223. In economic news, Switzerland’s KOF leading indicator index unexpectedly rose to a level of 100.3 in January, compared to market … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on February 1, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.8% against the JPY and closed at 120.94. The Japanese Yen lost ground, after the BoJ in an unexpected move adopted negative interest rate in a bid to … Continue reading →

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GBP/USD: Pound trading on a stronger footing, ahead of UK’s manufacturing PMI data

Posted on February 1, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.99% against the USD and closed at 1.4216. In the Asian session, at GMT0400, the pair is trading at 1.4259, with the GBP trading 0.31% higher from Friday’s … Continue reading →

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EUR/USD: Euro trading higher, ahead of the release of final Markit manufacturing PMI data across the Euro-zone

Posted on February 1, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.91% against the USD and closed at 1.0840, after Germany’s retail sales ended 2015 on a weak note Data showed that German retail sales unexpectedly declined by 0.2% … Continue reading →

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