Monthly Archives: January 2020

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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Crude Oil: Crude extends its gains in the Asian session

Posted on January 29, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil prices rose 1.68% against the USD and closed at USD53.76 per barrel yesterday, after the American Petroleum Institute reported that crude oil inventories surprisingly declined by 4.27 million … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on January 29, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.21% against the USD and closed at USD17.50 per ounce yesterday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.40, with … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session, ahead of Fed’s interest rate decision

Posted on January 29, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.89% against the USD and closed at USD1572.00 per ounce yesterday, as investors looked forward to the US Federal Reserve’s interest rate decision. In the Asian session, at GMT0400, … Continue reading →

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

Posted on January 29, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 2.68% against the USD and closed at 0.6757 yesterday. LME Copper prices declined 1.1% or $64.0/MT to $5715.0/MT. Aluminium prices declined 0.6% or $11.0/MT to $1744.5/MT. In the … Continue reading →

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