Monthly Archives: February 2019

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 →

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

Posted on February 6, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.99% against the USD and closed at USD53.73 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories climbed by 2.5 million barrels … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on February 6, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.13% against the USD and closed at USD15.85 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.83, with silver trading 0.16% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on February 6, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.23% against the USD and closed at USD1319.30 per ounce. In the Asian session, at GMT0400, the pair is trading at 1318.30, with gold trading 0.08% lower against the … Continue reading →

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

Posted on February 6, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.21% against the USD and closed at 0.7237. LME Copper prices rose 1.6% or $97.5/MT to $6174.0/MT. Aluminium prices rose 3.1% or $56.5/MT to $1896.5/MT. In the Asian … Continue reading →

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

Posted on February 6, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.3127. In the Asian session, at GMT0400, the pair is trading at 1.3148, with the USD trading 0.16% higher against the … Continue reading →

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

Posted on February 6, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 1.0000. In the Asian session, at GMT0400, the pair is trading at 0.9999, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japanese Yen reverses it losses in the morning session

Posted on February 6, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the JPY and closed at 109.98. In the Asian session, at GMT0400, the pair is trading at 109.78, with the USD trading 0.18% lower against the … Continue reading →

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GBP/USD: UK’s services PMI sharply declined to a 2.5-year low level in January

Posted on February 6, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.63% against the USD and closed at 1.2956. Data indicated that UK’s services PMI sharply dropped to a 2.5-year low level of 50.1 in January, amid increased worries … Continue reading →

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EUR/USD: Euro-zone’s retail sales declined to its lowest level in seven-and-a-half years in December

Posted on February 6, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1406. On the macro front, the Euro-zone’s final services PMI remained unchanged at a level of 51.2 in January, notching its … Continue reading →

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Crude Oil: Oil trading a tad higher, ahead of API’s weekly crude oil stockpiles data

Posted on February 5, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.98% against the USD and closed at USD54.82 per barrel, weighed down by renewed worries over slowdown in global economy and energy demand. In the Asian session, … Continue reading →

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