Daily Archives: February 1, 2019

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on February 1, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.72% against the USD and closed at USD54.05 per barrel, amid renewed concerns over global economic growth. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on February 1, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.12% against the USD and closed at USD16.06 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.98, with silver trading 0.50% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on February 1, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.05% against the USD and closed at USD1325.70 per ounce, following the US Federal Reserve’s decision to pause interest rate hikes in future. In the Asian session, at GMT0400, … Continue reading →

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

Posted on February 1, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.32% against the USD and closed at 0.7272. LME Copper prices rose 1.2% or $71.0/MT to $6148.0/MT. Aluminium prices rose 0.5% or $9.5/MT to $1880.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s gross domestic product rose more-than-estimated in November

Posted on February 1, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3127. Data indicated that Canada’s gross domestic product advanced 1.7% on an annual basis in November, beating market expectations for a … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the Asian session

Posted on February 1, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 0.9942. In the Asian session, at GMT0400, the pair is trading at 0.9945, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japan’s unemployment rate unexpectedly fell to a 26-year low level in December

Posted on February 1, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 108.85. In the Asian session, at GMT0400, the pair is trading at 108.87, with the USD trading a tad higher against … Continue reading →

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GBP/USD: UK’s Nationwide house prices index advanced in January

Posted on February 1, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3107. In economic news, UK’s seasonally adjusted Nationwide house prices index rebounded 0.3% on a monthly basis in January, compared to … Continue reading →

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EUR/USD: Euro-zone’s economy expanded at its weakest pace since 2014 in 4Q 2018

Posted on February 1, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1447. On the macro front, the Euro-zone’s seasonally adjusted preliminary gross domestic product (GDP) expanded at its slowest pace since 2014 … Continue reading →

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