Daily Archives: February 22, 2019

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

Posted on February 22, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.80% against the USD and closed at USD56.80 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 3.7 million … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on February 22, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.58% against the USD and closed at USD15.89 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.89, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on February 22, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.20% against the USD and closed at USD1326.00 per ounce, amid broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1327.80, with … Continue reading →

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

Posted on February 22, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.98% against the USD and closed at 0.7097. LME Copper prices rose 0.6% or $39.5/MT to $6391.0/MT. Aluminium prices rose 1.6% or $29.0/MT to $1858.5/MT. In the Asian … Continue reading →

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

Posted on February 22, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3233. The Canadian dollar declined against the US dollar, following Bank of Canada’s Governor, Stephen Poloz’s comments. Yesterday, the BoC Governor, … Continue reading →

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USD/CHF: Switzerland’s M3 money supply climbed in January

Posted on February 22, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 1.0012. In economic news Switzerland’s M3 money supply advanced 3.4% on an annual basis in January, compared to a climb of … Continue reading →

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USD/JPY: Japan’s machine tool orders declined as estimated in January

Posted on February 22, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the JPY and closed at 110.68. Data showed that Japan’s final machine tool orders fell 18.8% on a yearly basis in January, confirming the preliminary print … Continue reading →

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GBP/USD: UK’s public sector net borrowing posted a surplus in January

Posted on February 22, 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 1.3036. Data showed that UK’s public sector net borrowing posted a surplus of £15.8 billion in January, following a deficit of … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI fell to a 68-month low level in February, while services PMI rose to a 3-month high in the same month

Posted on February 22, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1336, on the back of dismal PMI data. Data showed that Euro-zone’s flash manufacturing PMI fell to a level of 49.2 … Continue reading →

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