Daily Archives: February 19, 2016

Crude Oil: Oil trading lower in the Asian session

Posted on February 19, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.39% against the USD and closed at 30.62, reversing its previous session gains, amid renewed concerns about global oversupply, after US crude inventories rose to record highs … Continue reading →

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

Posted on February 19, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.75% against the USD and closed at 15.44, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.385, with the silver trading … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on February 19, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.91% against the USD and closed at 1231.8, as the US stock markets resumed their downward trend, increasing the demand of the safe-haven yellow metal. In the Asian session, … Continue reading →

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

Posted on February 19, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.26% against the USD and closed at 0.7155. LME Copper prices rose 0.33% or $15.0/MT to $4577.0/MT. Aluminium prices rose 0.66% or $10.0/MT to $1530.0/MT. Yesterday, the Organisation … Continue reading →

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USD/CAD: Loonie trading lower, ahead of Canada’s consumer price inflation data

Posted on February 19, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3730. Yesterday, the Organisation for Economic Co-operation and Development (OECD) cut Canada’s growth forecast to 1.4% in 2016 and 2.2% in … Continue reading →

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USD/CHF: Swiss trade surplus expanded in January

Posted on February 19, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CHF and closed at 0.9936. On the economic front, data showed that Switzerland’s trade surplus increased to a 3-month high level of CHF3.5 billion in … Continue reading →

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USD/JPY: OECD slashed Japan’s 2016 and 2017 growth forecast

Posted on February 19, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.7% against the JPY and closed at 113.30. Yesterday, the Organisation for Economic Co-operation and Development (OECD), downgraded Japan’s growth outlook to 0.8% in 2016, from a previous … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s retail sales data

Posted on February 19, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.33% against the USD and closed at 1.4333. Yesterday, the OECD projected the UK economy to grow by 2.1% in 2016 and 2.0% in 2017, down from an … Continue reading →

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EUR/USD: ECB minutes give strong hints of more aggressive easing in March

Posted on February 19, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.1106, after the ECB’s meeting minutes hinted for more aggressive actions on monetary easing. The minutes of the ECB’s recent monetary … Continue reading →

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