Monthly Archives: February 2016

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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Crude Oil: Oil extends its losses, ahead of the EIA’s weekly crude oil inventory data

Posted on February 3, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 5.5% against the USD and closed at 29.73, extending its previous session losses, amid deepening supply glut fears. Separately, the American Petroleum Institute (API) disclosed that … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on February 3, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.42% against the USD and closed at 14.31. In the Asian session, at GMT0400, the pair is trading at 14.315, with the silver trading 0.07% higher from yesterday’s … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on February 3, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined marginally against the USD and closed at 1128.20, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1128.9, with the gold trading … Continue reading →

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