Daily Archives: February 7, 2019

Crude Oil: Oil reverses its gains in the Asian session

Posted on February 7, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.47% against the USD and closed at USD53.98 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose less-than-anticipated by 1.3 … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on February 7, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.10% against the USD and closed at USD15.68 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.65, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its losses in the morning session

Posted on February 7, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.64% against the USD and closed at USD1310.50 per ounce, amid strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1307.60, with … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s AIG performance of construction index advanced in January

Posted on February 7, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.77% against the USD and closed at 0.7109. LME Copper prices rose 0.6% or $36.0/MT to $6210.0/MT. Aluminium prices declined 0.5% or $10.0/MT to $1886.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s building permits unexpectedly rose for the fourth consecutive month in December

Posted on February 7, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3217. On the data front, Canada’s seasonally adjusted Ivey PMI fell to a level of 54.7 in January, marking its lowest … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on February 7, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 1.0022. In the Asian session, at GMT0400, the pair is trading at 1.0027, with the USD trading 0.05% higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s leading index dropped as estimated in December

Posted on February 7, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD fell 0.05% against the JPY and closed at 109.93. In the Asian session, at GMT0400, the pair is trading at 109.90, with the USD trading slightly lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: British Pound trading slightly lower in the Asian session

Posted on February 7, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.2931. In the Asian session, at GMT0400, the pair is trading at 1.2929, with the GBP trading marginally lower against the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s factory orders surprisingly declined in December

Posted on February 7, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1367. In economic news, Germany’s factory orders unexpectedly dropped 1.6% on a monthly basis in December, signalling further signs of economic … Continue reading →

Posted in EUR/USD | Comments Off