Daily Archives: February 8, 2019

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

Posted on February 8, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.67% against the USD and closed at USD52.54 per barrel, as fears over global economic slowdown weighed on the demand outlook for the commodity. In the Asian … Continue reading →

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Silver: White metal trading on a weaker footing in the Asian session

Posted on February 8, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.38% against the USD and closed at USD15.74 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.675, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on February 8, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.20% against the USD and closed at USD1313.80 per ounce. In the Asian session, at GMT0400, the pair is trading at 1312.50, with gold trading 0.10% lower against the … Continue reading →

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AUD/USD: The RBA downgraded its inflation and GDP forecasts

Posted on February 8, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.7095. LME Copper prices rose 0.3% or $17.0/MT to $6227.0/MT. Aluminium prices declined 1.3% or $24.0/MT to $1862.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on February 8, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CAD and closed at 1.3313. In the Asian session, at GMT0400, the pair is trading at 1.3321, with the USD trading 0.06% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on February 8, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 1.0025. In the Asian session, at GMT0400, the pair is trading at 1.0020, with the USD trading 0.05% lower against the … Continue reading →

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USD/JPY: Japan posted a trade surplus in December

Posted on February 8, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the JPY and closed at 109.78. In the Asian session, at GMT0400, the pair is trading at 109.77, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: The BoE left its interest rate unchanged at 0.75%

Posted on February 8, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2950. On the macro front, UK’s Halifax house price index advanced 0.8% on a yearly basis in the three months ended … Continue reading →

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EUR/USD: EU cuts Euro-zone’s growth outlook

Posted on February 8, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1341, after the European Commission downgraded its growth forecasts for the euro area. The European Commission downgraded its growth forecasts for … Continue reading →

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