Monthly Archives: February 2019

Crude Oil: Oil trading lower in the Asian session

Posted on February 28, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.82% against the USD and closed at USD56.96 per barrel, after Saudi Arabia reiterated its decision of reducing output. Additionally, the Energy Information Administration (EIA) report indicated … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 28, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.16% against the USD and closed at USD15.79 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.78, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on February 28, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.71% against the USD and closed at USD1321.70 per ounce. In the Asian session, at GMT0400, the pair is trading at 1320.30, with gold trading 0.11% lower against the … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on February 28, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.71% against the USD and closed at 0.7143. LME Copper prices rose 1.0% or $62.0/MT to $6533.0/MT. Aluminium prices rose 1.5% or $28.5/MT to $1898.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s consumer price index declined in January

Posted on February 28, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3150, Data indicated that Canada’s seasonally adjusted consumer price inflation slowed to 1.4% on a yearly basis in January, on the … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on February 28, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 1.0009. In the Asian session, at GMT0400, the pair is trading at 0.9990, with the USD trading 0.19% lower against the … Continue reading →

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USD/JPY: Japan’s industrial production declined at its fastest pace in one year in January

Posted on February 28, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the JPY and closed at 110.93. On the macro front, data showed that Japan’s retail trade climbed 0.6% on a yearly basis in January, compared to … Continue reading →

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GBP/USD: UK’s Gfk consumer confidence index surprisingly advanced in February

Posted on February 28, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.41% against the USD and closed at 1.3313, amid reduced possibilities of a no-deal Brexit. On the data front, UK’s Gfk consumer confidence index unexpectedly climbed to a … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index rose as estimated in February

Posted on February 28, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1375. Macroeconomic data showed that that the Euro-zone’s final consumer confidence index climbed for a second consecutive month to a level … Continue reading →

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

Posted on February 27, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.96% against the USD and closed at USD55.94 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 4.2 million barrels … Continue reading →

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Silver: White metal trading lower this morning

Posted on February 27, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.22% against the USD and closed at USD15.97 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.95, with silver … Continue reading →

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