Monthly Archives: January 2020

USD/JPY: Japanese Yen trading lower, ahead of trade balance data

Posted on January 13, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.51% against the JPY and closed at 109.53 on Friday. In the Asian session, at GMT0400, the pair is trading at 109.61, with the USD trading 0.07% higher … Continue reading →

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GBP/USD: British Pound trading lower in the morning session

Posted on January 13, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.23% against the USD and closed at 1.3057 on Friday, amid fears of an interest rate cut in its upcoming policy meeting. In the Asian session, at GMT0400, … Continue reading →

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EUR/USD: Euro extends its gains n the Asian session

Posted on January 13, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1120 on Friday. The US dollar declined against its major peers, amid weaker-than-expected US jobs data. In the US, data showed … Continue reading →

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

Posted on January 10, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.35% against the USD and closed at USD59.58 per barrel, as tensions in the Middle East subsided. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on January 10, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.08% against the USD and closed at USD17.94 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.88, with silver … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on January 10, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.25% against the USD and closed at USD1553.50 per ounce, as geopolitical tensions between the US and Iran faded. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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AUD/USD: Australia’s retail sales advanced more-than-expected in November

Posted on January 10, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.27% against the USD and closed at 0.6855. LME Copper prices rose 0.03% or $2.0/MT to $6156.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1771.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts unexpectedly dropped in December

Posted on January 10, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the CAD and closed at 1.3059. Data showed that Canada’s seasonally adjusted housing starts unexpectedly fell to a level of 197.3K in December, defying market anticipations … Continue reading →

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USD/CHF: Switzerland’s real retail sales remained flat in November

Posted on January 10, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 0.9732. In economic news, Switzerland’s real retail sales remained flat on a yearly basis in November, defying market expectations for a … Continue reading →

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USD/JPY: Japan’s coincident index fell in November

Posted on January 10, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.46% against the JPY and closed at 109.48. In the Asian session, at GMT0400, the pair is trading at 109.54, with the USD trading 0.05% higher against the … Continue reading →

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GBP/USD: Central bank likely to cut interest rates: BoE Governor Mark Carney

Posted on January 10, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.15% against the USD and closed at 1.3068 after the Bank of England Governor, Mark Carney stated that the central bank is likely to consider further monetary easing … Continue reading →

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