Monthly Archives: February 2019

USD/JPY: Japanese Yen trading a tad higher in the Asian session

Posted on February 25, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 110.69 on Friday. In the Asian session, at GMT0400, the pair is trading at 110.65, with the USD trading slightly lower … Continue reading →

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GBP/USD: Sterling trading higher in the morning session

Posted on February 25, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.3057 on Friday, amid diminishing possibilities of a no-deal Brexit. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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EUR/USD: Euro-zone’s consumer price inflation slowed in January, marking its lowest level in nine months

Posted on February 25, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1337 on Friday. On the data front, the Euro-zone’s final consumer price inflation slowed for the third consecutive month to 1.4% … Continue reading →

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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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