Monthly Archives: March 2019

USD/CHF: Switzerland’s SVME manufacturing PMI surprisingly rose in February

Posted on March 4, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9996 on Friday. In economic news, Switzerland’s SVME manufacturing PMI surprisingly climbed to a level of 55.4 in February, defying market … Continue reading →

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

Posted on March 4, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the JPY and closed at 112.00 on Friday. In the Asian session, at GMT0400, the pair is trading at 111.99, with the USD trading marginally lower … Continue reading →

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GBP/USD: UK’s manufacturing sector growth declined to a 4-month low level in February

Posted on March 4, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.3181 on Friday. On the data front, UK’s manufacturing PMI declined to a level of 52.0 in February, marking its lowest … Continue reading →

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EUR/USD: Euro-zone’s unemployment rate remained unchanged at a 10-year low rate in January

Posted on March 4, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1371 on Friday. Data indicated that the Euro-zone’s unemployment rate remained steady at a 10-year low rate of 7.8% in January, … Continue reading →

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

Posted on March 1, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.37% against the USD and closed at USD57.17 per barrel, on OPEC-led supply cuts. In the Asian session, at GMT0400, the pair is trading at 57.40, with … Continue reading →

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Silver: White metal extends its losses this morning

Posted on March 1, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.86% against the USD and closed at USD15.65 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.63, with silver … Continue reading →

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Gold: Yellow metal trading a tad lower in the morning session

Posted on March 1, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.54% against the USD and closed at USD1314.70 per ounce, amid strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1314.40, with … Continue reading →

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

Posted on March 1, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.62% against the USD and closed at 0.7099. LME Copper prices rose 0.1% or $3.0/MT to $6536.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1893.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s current account deficit widened more-than-estimated in 4Q 2018

Posted on March 1, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3168. Data showed that Canada’s CFIB business barometer climbed to a level of 59.0 in February, following a level of 56.1 … Continue reading →

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USD/CHF: Switzerland’s gross domestic product climbed in 4Q 2018

Posted on March 1, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CHF and closed at 0.9979. On the data front, Switzerland’s gross domestic product (GDP) advanced 1.4% on a yearly basis in 4Q 2018, less than … Continue reading →

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USD/JPY: Japan’s Nikkei manufacturing PMI contracted at its fastest pace in 2.5 years in February

Posted on March 1, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 111.39. In the Asian session, at GMT0400, the pair is trading at 111.67, with the USD trading 0.25% higher against the … Continue reading →

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