Monthly Archives: January 2020

Crude Oil: Crude oil reverses its losses in the Asian session

Posted on January 31, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude oil declined 0.58% against the USD and closed at USD52.84 per barrel yesterday, on concerns over the potential economic impact of the coronavirus that continues to spread worldwide. Meanwhile, … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on January 31, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.71% against the USD and closed at USD17.84 per ounce yesterday. In the Asian session, at GMT0400, the pair is trading at 17.82, with silver trading 0.11% lower against … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on January 31, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1578.70 per ounce yesterday. However, losses were limited amid persistent concerns over coronavirus and its global economic impact. In the Asian session, … Continue reading →

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AUD/USD: Aussie producer prices rises in line with market expectations in 4Q19

Posted on January 31, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.26% against the USD and closed at 0.6717. LME Copper prices declined 1.4% or $77.0/MT to $5621.0 /MT. Aluminium prices declined 0.6% or $10.0/MT to $1722.5 /MT. In … Continue reading →

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USD/CAD: Loonie reverses its losses in the Asian session

Posted on January 31, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.7% against the CAD and closed at 1.3210 yesterday. In the Asian session, at GMT0400, the pair is trading at 1.3206, with the USD trading marginally lower against … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on January 31, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9696 yesterday. Data showed that Switzerland’s KOF economic indicator registered a reading of 100.10 in January, more than market expectations of … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the morning session

Posted on January 31, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.95% against the JPY and closed at 108.92 yesterday. In the Asian session, at GMT0400, the pair is trading at 109.07, with the USD trading 0.14% higher against … Continue reading →

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GBP/USD: Brexit Day is finally here!

Posted on January 31, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.3090 yesterday, after the Bank of England (BoE) kept its benchmark interest rate unchanged at 0.75%, with the central bank slashing … Continue reading →

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EUR/USD: Euro reverses its gains against the USD in the morning session

Posted on January 31, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1000 yesterday, after the Euro-zone economic sentiment index rose more than expected to 102.50 in January, as confidence among regional manufacturers … Continue reading →

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Crude Oil: Higher-than-expected EIA crude inventories dampens crude oil prices

Posted on January 30, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.13% against the USD and closed at USD53.15 per barrel yesterday, after the US Energy Information Administration (EIA) reported that US crude inventories advanced more-than-expected by 3.55 … Continue reading →

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Silver: White metal trading stronger in the morning session

Posted on January 30, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.23% against the USD and closed at USD17.54 per ounce yesterday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.61, with … Continue reading →

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