Monthly Archives: February 2019

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

Posted on February 21, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.36% against the USD and closed at USD57.26 per barrel, amid signs of tighter global supplies. Meanwhile, the American Petroleum Institute (API) reported that US crude oil … Continue reading →

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

Posted on February 21, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.22% against the USD and closed at USD16.14 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.11, with silver trading 0.19% lower against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on February 21, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1341.20 per ounce. In the Asian session, at GMT0400, the pair is trading at 1342.90, with gold trading 0.13% higher against the … Continue reading →

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AUD/USD: Australia’s CBA services PMI fell in February

Posted on February 21, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.7167. LME Copper prices rose 1.7% or $105.0/MT to $6351.5/MT. Aluminium prices declined 0.2% or $4.0/MT to $1829.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on February 21, 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 1.3175. In the Asian session, at GMT0400, the pair is trading at 1.3165, with the USD trading 0.08% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher in the morning session

Posted on February 21, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 1.0007. In the Asian session, at GMT0400, the pair is trading at 1.0006, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japan’s Nikkei manufacturing PMI contracted for the first time since August 2016 in February

Posted on February 21, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the JPY and closed at 110.81. In the Asian session, at GMT0400, the pair is trading at 110.80, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: British Pound trading a tad higher in the Asian session

Posted on February 21, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.11% against the USD and closed at 1.3047, after three prominent lawmakers resigned from Prime Minister Theresa May’s ruling Conservative party over Brexit. On the macro front, the … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index rose more-than-estimated in February

Posted on February 21, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1345. On the data front, the Euro-zone’s flash consumer confidence index advanced to a level of -7.4 in February, more than … Continue reading →

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Crude Oil: Oil trading higher in the morning session

Posted on February 20, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil traded flat against the USD and closed at USD55.94 per barrel. In the Asian session, at GMT0400, the pair is trading at 56.23, with oil trading 0.52% higher … Continue reading →

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