Daily Archives: January 30, 2020

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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Gold: Yellow metal extends its gains in the Asian session

Posted on January 30, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.48% against the USD and closed at USD1581.60 per ounce yesterday, as concerns over global economic growth due to the fast-spreading coronavirus bolstered demand for the safe haven asset. … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on January 30, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 2.79% against the USD and closed at 0.6749 yesterday. LME Copper prices declined 0.7% or $12.0/MT to $1732.5/MT. Aluminium prices declined 0.2% or $17.0/MT to $5698.0/MT. In the … Continue reading →

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

Posted on January 30, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.61% against the CAD and closed at 1.3198 yesterday. In the Asian session, at GMT0400, the pair is trading at 1.3202, with the USD trading marginally higher against … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on January 30, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9735 yesterday. Switzerland’s economic expectations index dropped to 8.30 in January, from a level of 12.50 in the previous month. In … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on January 30, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.08% against the JPY and closed at 109.06 yesterday. In January, the consumer confidence index in Japan remained unchanged at 39.10, compared to market expectations of a rise … Continue reading →

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GBP/USD: Pound reverses its losses in the morning session

Posted on January 30, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.53% against the USD and closed at 1.3017 yesterday. In January, on a MoM basis, the seasonally adjusted house prices in the UK climbed to a 14-month high … Continue reading →

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EUR/USD: Euro reverses its losses in the Asian session

Posted on January 30, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1000 yesterday. In the Euro-zone, in December, private sector loans climbed 3.7% on an annual basis, higher than market expectations for … Continue reading →

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