Monthly Archives: February 2016

EUR/USD: Euro trading lower, ahead of Germany’s December industrial production data

Posted on February 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.59% against the USD and closed at 1.1137, after Germany’s seasonally adjusted factory orders fell-more-than expected by 0.7% MoM in December, indicating that the Euro-zone’s biggest economy is … Continue reading →

Posted in EUR/USD | Comments Off

USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s employment data

Posted on February 5, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD and closed at 1.3753. In the Asian session, at GMT0400, the pair is trading at 1.3726, with the USD trading 0.19% lower from yesterday’s … Continue reading →

Posted in USD/CAD | Comments Off

USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on February 5, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.93% against the JPY and closed at 116.84. In the Asian session, at GMT0400, the pair is trading at 116.72, with the USD trading 0.1% lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

Crude Oil: Oil trading higher this morning

Posted on February 5, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 2.88% against the USD and closed at 31.66, reversing its previous session gains. However, crude prices were volatile in yesterday’s session amid speculation about possible talks … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains this morning

Posted on February 5, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 1.26% against the USD and closed at 14.88, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.85, with the silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing in the Asian session

Posted on February 5, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 1.19% against the USD and closed at 1156.0, extending its previous session gains, amid a broad-weakness in US Dollar and low potential for a Fed rate hike in … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading lower in the Asian session

Posted on February 5, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7198. In economic news, Australia’s AiG performance of construction index declined for the second consecutive month to a level of 46.3 … Continue reading →

Posted in AUD/USD | Comments Off

USD/CHF: Swiss Franc trading lower in the Asian session

Posted on February 5, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.16% against the CHF and closed at 0.9935. In economic news, Switzerland’s SECO consumer confidence index improved for the second consecutive month in the three months ended January, … Continue reading →

Posted in USD/CHF | Comments Off

GBP/USD: The BoE kept interest rate steady at 0.5%

Posted on February 5, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.4579. Yesterday, the BoE policymakers unanimously voted to keep key interest rate steady at 0.5%, and made no changes to its … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading tad lower, ahead of Germany’s factory orders data

Posted on February 5, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.98% against the USD and closed at 1.1203, after the ECB President, Mario Draghi, stated that the central bank is not ready to give up against low inflation … Continue reading →

Posted in EUR/USD | Comments Off

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 →

Posted in USD/CHF | Comments Off