Monthly Archives: February 2016

USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on February 22, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9899. In the Asian session, at GMT0400, the pair is trading at 0.9913, with the USD trading 0.14% higher from Friday’s … Continue reading →

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USD/JPY: Japan’s manufacturing PMI weakened in February

Posted on February 22, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.75% against the JPY and closed at 112.44. In the Asian session, at GMT0400, the pair is trading at 112.86, with the USD trading 0.37% higher from Friday’s … Continue reading →

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GBP/USD: UK’s retail sales rebounded strongly on a monthly basis in January

Posted on February 22, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.4355, after retail sales in the UK bounced back last month. Data showed that UK’s retail sales rose more-than-expected and jumped … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence fell in February

Posted on February 22, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.1129. In economic news, the Euro-zone’s preliminary consumer confidence index fell more-than-anticipated to a level of -8.8 in February, touching its … Continue reading →

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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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