Daily Archives: January 6, 2020

Crude Oil: Oil trading higher in the morning session

Posted on January 6, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.02% against the USD and closed at USD63.02 per barrel on Friday, after US air strike in Iraq killed Iranian military leader, fuelling fears of an escalation … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on January 6, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD18.07 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.50, … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on January 6, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.41% against the USD and closed at USD1552.20 per ounce on Friday, as escalating tensions in the Middle East boosted demand for the safe haven asset. In the Asian … Continue reading →

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AUD/USD: Australia’s services PMI unexpectedly rose in December

Posted on January 6, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.39% against the USD and closed at 0.6957 on Friday. LME Copper prices declined 1.4% or $88.5/MT to $6077.0/MT. Aluminium prices declined 0.8% or $14.0/MT to $1758.0/MT. In … Continue reading →

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

Posted on January 6, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.2994 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2978, with the USD trading 0.12% lower … Continue reading →

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USD/CHF: Switzerland’s SVME manufacturing PMI expanded in December

Posted on January 6, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9721 on Friday. Data indicated that Switzerland’s SVME manufacturing PMI expanded to a level of 50.2 in December, more than market … Continue reading →

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USD/JPY: Japan’s manufacturing sector activity declined beyond estimates in December

Posted on January 6, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the JPY and closed at 108.04 on Friday. In the Asian session, at GMT0400, the pair is trading at 108.05, with the USD trading marginally higher … Continue reading →

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GBP/USD: UK’s construction PMI unexpectedly declined in December

Posted on January 6, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.49% against the USD and closed at 1.3078 on Friday, amid weak economic data. In economic news, UK’s construction PMI unexpectedly declined to a level of 44.4 in … Continue reading →

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EUR/USD: Germany’s inflation advanced more-than-expected in December

Posted on January 6, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1165 on Friday. On the data front, Euro-zone’s M3 money supply rose 5.6% on an annual basis in November, less than … Continue reading →

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