Monthly Archives: February 2018

USD/CHF: Swiss Franc trading on a positive footing

Posted on February 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.6% against the CHF and closed at 0.9225. In the Asian session, at GMT0400, the pair is trading at 0.9209, with the USD trading 0.17% lower against the … Continue reading →

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EUR/USD: Euro-zone’s trade surplus widens more than expected in January.

Posted on February 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.2498, after Euro-zone’s seasonally adjusted trade surplus widened more-than-expected to €23.8 billion in December, driven by a rise in exports. The … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on February 15, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.65% against the USD and closed at USD60.76 per barrel, buoyed by upbeat comments from the Saudi Arabia’s Energy Minister. Saudi Arabia’s Energy Minister, Khalid al-Falih, stated … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on February 15, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.32% against the USD and closed at USD16.83 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.89, with silver … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 15, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.2% against the USD and closed at USD1353.60 per ounce, amid a broad weakness in the US Dollar. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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AUD/USD: Australia’s unemployment rate ticked lower in January

Posted on February 15, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.48% against the USD and closed at 0.7919. LME Copper prices rose 0.8% or $54.0/MT to $6962.0/MT. Aluminium prices rose 0.7% or $14.5/MT to $2138.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher, ahead of Canada’s existing home sales data

Posted on February 15, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CAD and closed at 1.2496. On the macro front, Canada’s Teranet/National Bank house price index climbed 0.3% on a monthly basis in January. In the … Continue reading →

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

Posted on February 15, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9291. In the Asian session, at GMT0400, the pair is trading at 0.9275, with the USD trading 0.17% lower against the … Continue reading →

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USD/JPY: Japan’s industrial production revised higher in December

Posted on February 15, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the JPY and closed at 106.93. In the Asian session, at GMT0400, the pair is trading at 106.50, with the USD trading 0.4% lower against the … Continue reading →

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GBP/USD: UK should address weak productivity: IMF

Posted on February 15, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.4002. Yesterday, the International Monetary Fund (IMF) warned that Britain must focus on improving its productivity and international competitiveness in order … Continue reading →

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EUR/USD: Euro-zone’s economy grew as initially estimated in 4Q 2017, industrial production zoomed in December

Posted on February 15, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.2451, after the seasonally adjusted second estimate of the Euro-zone’s gross domestic product (GDP) climbed 0.6% on a quarterly basis in … Continue reading →

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