Daily Archives: February 4, 2016

USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s SECO consumer confidence data

Posted on February 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.33% against the CHF and closed at 1.0051. In the Asian session, at GMT0400, the pair is trading at 1.0053, with the USD trading marginally higher from yesterday’s … Continue reading →

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

Posted on February 4, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.55% against the JPY and closed at 117.94. On the economic front, Japan’s consumer confidence index fell to a level of 42.5 in January, in line with market … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on February 4, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 9.65% against the USD and closed at 32.60, as investors ignored a considerable rise in US crude stockpiles and focussed on prospects of a meeting between … Continue reading →

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Silver: White metal trading tad lower in the Asian session

Posted on February 4, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 2.73% against the USD and closed at 14.70, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.69, with the silver … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on February 4, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 1.26% against the USD and closed at 1142.40, after disappointing US service sector data and a weaker greenback due to the comments by the New York Fed President, … Continue reading →

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

Posted on February 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.87% against the USD and closed at 0.7165. LME Copper prices declined 0.59% or $27.0/MT to $4578.5/MT. Aluminium prices declined 0.69% or $10.5/MT to $1514.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on February 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.89% against the CAD and closed at 1.3790. In the Asian session, at GMT0400, the pair is trading at 1.3757, with the USD trading 0.24% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading on a weaker footing, ahead of the BoE’s interest rate decision

Posted on February 4, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.27% against the USD and closed at 1.4596, after UK’s dominant services sector grew at a faster pace than expected in January. Data showed that the nation’s Markit … Continue reading →

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EUR/USD: Euro trading tad lower, ahead of Germany’s construction PMI data

Posted on February 4, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.58% against the USD and closed at 1.1095. In economic news, the final print of the Euro-zone’s final Markit services PMI remained steady at 53.6 in January, in … Continue reading →

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