Monthly Archives: January 2019

Crude Oil: Oil trading higher in the Asian session

Posted on January 31, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.10% against the USD and closed at USD54.44 per barrel, as political uncertainties in Venezuela escalated worries over global supply. Meanwhile, the Energy Information Administration (EIA) report … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on January 31, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.45% against the USD and closed at USD16.08 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.04, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on January 31, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.67% against the USD and closed at USD1325.00 per ounce, amid broad weakness in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1323.90, … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the morning session

Posted on January 31, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.33% against the USD and closed at 0.7249. LME Copper prices rose 1.2% or $70.0/MT to $6077.0/MT. Aluminium prices rose 1.0% or $18.0/MT to $1871.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on January 31, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.93% against the CAD and closed at 1.3147. In the Asian session, at GMT0400, the pair is trading at 1.3132, with the USD trading 0.11% lower against the … Continue reading →

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USD/CHF: Switzerland’s KOF leading indicator surprisingly eased in December

Posted on January 31, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9940. On the macro front, Switzerland’s KOF leading indicator unexpectedly slid to a level of 95.0 in December, following a reading … Continue reading →

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USD/JPY: Japan’s industrial production dropped in December

Posted on January 31, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the JPY and closed at 109.04. In the Asian session, at GMT0400, the pair is trading at 108.87, with the USD trading 0.16% lower against the … Continue reading →

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GBP/USD: UK’s net consumer credit advanced less-than-estimated in December

Posted on January 31, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.3117. On the data front, UK’s net consumer credit rose £0.7 billion in December, less than market expectations for a rise … Continue reading →

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EUR/USD: Euro extends its gains in the Asian session

Posted on January 31, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1484. Data indicated that the Euro-zone’s final consumer confidence index climbed to a level of -7.9 in January, in line with … Continue reading →

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on January 30, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.44% against the USD and closed at USD53.32 per barrel, amid possibilities of Venezuelan supply disruptions after the US sanctions. Separately, the American Petroleum Institute (API) reported … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on January 30, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.63% against the USD and closed at USD15.85 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.93, with silver … Continue reading →

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