Monthly Archives: February 2019

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

Posted on February 4, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.32% against the USD and closed at 0.7249 on Friday. LME Copper prices declined 0.8% or $50.5/MT to $6097.5/MT. Aluminium prices fell 0.4% or $8.0/MT to $1872.5/MT. In … Continue reading →

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USD/CAD: Canada’s manufacturing activity slowed to a two-year low level in January

Posted on February 4, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CAD and closed at 1.3087 on Friday. On the macro front, Canada’s leading indicator fell 0.3% on a monthly basis in December, compared to a … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on February 4, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9951 on Friday. In economic news, Switzerland’s manufacturing PMI dropped to 54.3 in January, more than market consensus for a fall … Continue reading →

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USD/JPY: Japanese Yen trading on a negative footing in the morning session

Posted on February 4, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the JPY and closed at 109.49 on Friday. In the Asian session, at GMT0400, the pair is trading at 109.61, with the USD trading 0.11% higher … Continue reading →

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GBP/USD: Britain’s manufacturing growth slowed more-than-expected in January

Posted on February 4, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.21% against the USD and closed at 1.3079 on Friday, after data showed that Britain’s Markit manufacturing PMI fell to a level of 52.8 in January, hitting its … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI hits a 50-month low level in January

Posted on February 4, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1460 on Friday. On the macro front, Euro-zone’s final Markit manufacturing PMI declined in line with market expectations to a level … Continue reading →

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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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