Monthly Archives: January 2020

Crude Oil: Oil trading higher in the Asian session

Posted on January 16, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.15% against the USD and closed at USD58.10 per barrel, after the Organisation of Petroleum Exporting Countries report indicated that it expects reduction in demand for its … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on January 16, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.09% against the USD and closed at USD18.01 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.96, with silver … Continue reading →

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Gold: Yellow metal trading slightly higher in the morning session

Posted on January 16, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.62% against the USD and closed at USD1556.60 per ounce, as concerns about the US-China trade dispute resurfaced after the US retained tariffs on some Chinese goods. In the … Continue reading →

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

Posted on January 16, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.56% against the USD and closed at 0.6904. LME Copper prices declined 0.2% or $15.0/MT to $6232.0/MT. Aluminium prices rose 0.7% or $12.0/MT to $1778.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower in the morning session

Posted on January 16, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD and closed at 1.3043. In the Asian session, at GMT0400, the pair is trading at 1.3045, with the USD trading slightly higher against the … Continue reading →

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

Posted on January 16, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.75% against the CHF and closed at 0.9637. In the Asian session, at GMT0400, the pair is trading at 0.9646, with the USD trading 0.09% higher against the … Continue reading →

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USD/JPY: Japan’s machinery orders unexpectedly rose in November

Posted on January 16, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.85% against the JPY and closed at 109.90. Data indicated that Japan’s preliminary machine tool orders plunged 33.6% on an annual basis in December, following a drop of … Continue reading →

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GBP/USD: UK’s inflation fell to its lowest level in 3 years in December

Posted on January 16, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.3045, as UK’s consumer price inflation slowed to a 3-year low level in December. On the macro front, UK’s consumer price … Continue reading →

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EUR/USD: Euro-zone’s trade surplus narrowed more-than-estimated in November

Posted on January 16, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.1152. On the data front, Euro-zone’s seasonally adjusted trade surplus narrowed to €19.2 billion in November, more than market expectations for … Continue reading →

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Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Posted on January 15, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.17% against the USD and closed at USD58.19 per barrel, ahead of the signing of Phase 1 US-China trade deal. Meanwhile, the American Petroleum Institute (API) reported … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on January 15, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.92% against the USD and closed at USD17.81 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.86, with silver … Continue reading →

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