Daily Archives: March 1, 2016

Crude Oil: Oil trading lower in the Asian session

Posted on March 1, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.08% against the USD and closed at 33.85, buoyed by Saudi Arabia’s pledge to limit market volatility by freezing output at January levels. In the Asian session, … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on March 1, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.5% against the USD and closed at 14.93, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.92, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on March 1, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.43% against the USD and closed at 1240.30, as concerns about global growth momentum spurred demand for the safe-haven yellow metal. In the Asian session, at GMT0400, the pair … Continue reading →

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AUD/USD: RBA leaves key interest rate unchanged at 2.0%

Posted on March 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.39% against the USD and closed at 0.7150. LME Copper prices rose 0.51% or $24.0/MT to $4705.0/MT. Aluminium prices rose 2.08% or $33.0/MT to $1621.5/MT. In economic news, … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s GDP data

Posted on March 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD remained flat against the CAD and closed at 1.3534. On the economic front, Canada’s Q4 current account deficit rose less-than-expected to a level of C$15.38 billion in 4Q 2015, … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s real retail sales

Posted on March 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9981. In economic news, Switzerland’s KOF leading indicator index rose unexpectedly to a level of 102.4 in February, compared to a … Continue reading →

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USD/JPY: Japan’s unemployment rate fell in January

Posted on March 1, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.23% against the JPY and closed at 112.32. In the Asian session, at GMT0400, the pair is trading at 112.56, with the USD trading 0.22% higher from yesterday’s … Continue reading →

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GBP/USD: UK’s mortgage approvals hit a two-year high level in January

Posted on March 1, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.3927, after UK’s mortgage approvals advanced more-than-anticipated to a two-year high level of 74.6K in January, from a revised reading of … Continue reading →

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EUR/USD: Euro-zone annual inflation fell into negative territory

Posted on March 1, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.31% against the USD and closed at 1.0883, after Euro-zone’s preliminary consumer prices dropped back into deflation. Data showed that the region’s consumer price index unexpectedly fell by … Continue reading →

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