Monthly Archives: January 2019

EUR/USD: ECB Chief Mario Draghi warns of downside risks to the euro area

Posted on January 25, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.72% against the USD and closed at 1.1301, after the European Central Bank’s (ECB) Chief, Mario Draghi warned of downside risks to the Euro-zone’s economy and cautioned that … Continue reading →

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Crude Oil: Oil trading lower ahead of EIA’s weekly crude inventories data

Posted on January 24, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.04% against the USD and closed at USD52.48 per barrel, amid potential US sanctions on Venezuela’s crude oil exports. Additionally, the American Petroleum Institute reported that the … Continue reading →

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Silver: White metal trading a tad lower in the Asian session

Posted on January 24, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD15.37 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.36, with silver trading slightly lower against the … Continue reading →

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Gold: Yellow metal trading flat in the Asian session

Posted on January 24, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.29% against the USD and closed at USD1288.20 per ounce, as weakness in the US dollar increased demand for the dollar denominated commodity. In the Asian session, at GMT0400, … Continue reading →

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AUD/USD: Aussie reverses its gains in the morning session

Posted on January 24, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD increased 0.28% against the USD and closed at 0.7144. LME Copper prices dropped 0.1% or $6.0/MT to $5920.5/MT. Aluminium prices rose 0.5% or $10.0/MT to $1877.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower this morning

Posted on January 24, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slid 0.07% against the CAD and closed at 1.3345. In economic news, Canada’s retail sales fell 0.9% on a monthly basis in November, amid slump in sales at motor … Continue reading →

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

Posted on January 24, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD dropped 0.25% against the CHF and closed at 0.9946. In the Asian session, at GMT0400, the pair is trading at 0.9940, with the USD trading 0.06% lower against the … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on January 24, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 109.57. On the macro front, Japan’s final machine tool orders dropped 18.3% on a yearly basis in December, in line with … Continue reading →

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GBP/USD: Sterling trading a tad lower in the morning session

Posted on January 24, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.90% against the USD and closed at 1.3078. On the macro front, balance of firms reporting total order book above normal declined to -1.0 in January, more than … Continue reading →

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EUR/USD: Euro-zone’s consumer sentiment improved in January

Posted on January 24, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.1383. On the data front, Euro-zone’s flash consumer confidence index rose to a level of -7.9 in January, compared to a … Continue reading →

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Crude Oil: Oil trading higher, ahead of API and EIA weekly crude oil stockpiles data

Posted on January 23, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.67% against the USD and closed at USD53.03 per barrel, amid escalating worries over energy demand. Also, the Energy Information Administration report projected a rise in oil … Continue reading →

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