Daily Archives: February 6, 2018

Crude Oil: Oil extends its losses, ahead of API’s weekly crude oil inventories data

Posted on February 6, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.84% against the USD and closed at USD63.48 per barrel, as a broad sell-off in global financial markets dented investor sentiment. In the Asian session, at GMT0400, … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on February 6, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.33% against the USD and closed at USD16.71 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.87, with silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on February 6, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.66% against the USD and closed at USD1342.40 per ounce, as a sharp decline in global equities increased demand for the safe-haven yellow metal. In the Asian session, at … Continue reading →

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AUD/USD: RBA maintained the key interest rate unchanged at 1.50%

Posted on February 6, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.5% against the USD and closed at 0.7883. LME Copper prices declined 0.2% or $16.0/MT to $7050.0/MT. Aluminium prices declined 1.2% or $26.0/MT to $2202.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower this morning

Posted on February 6, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.97% against the CAD and closed at 1.2535. In the Asian session, at GMT0400, the pair is trading at 1.2541, with the USD trading slightly higher against the … Continue reading →

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USD/CHF: Swiss Franc trading higher in the morning session

Posted on February 6, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9317. On the data front, Switzerland’s total sight deposits nudged down to a level of CHF574.7 billion in the week ended … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on February 6, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the JPY and closed at 109.17. In the Asian session, at GMT0400, the pair is trading at 108.63, with the USD trading 0.49% lower against the … Continue reading →

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GBP/USD: UK’s services sector growth slowest in 16 months in January

Posted on February 6, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.08% against the USD and closed at 1.3965, following dismal UK services sector report. Data showed that Britain’s Markit services PMI declined more-than-anticipated to a level of 53.0 … Continue reading →

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EUR/USD: Recent surge in Euro ‘new headwind’ for inflation, warns ECB’s Draghi

Posted on February 6, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.66% against the USD and closed at 1.2378, after the European Central Bank (ECB) President warned of recent volatility in the Euro. The ECB Chief, Mario Draghi, cautioned … Continue reading →

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