Monthly Archives: January 2020

GBP/USD: UK retail sales sharply fall in December

Posted on January 20, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.54% against the USD and closed at 1.3016 on Friday, on the back of dismal UK retail sales data. On the macro front, UK’s retail sales unexpectedly fell … Continue reading →

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EUR/USD: Euro-zone’s inflation accelerated as estimated in December

Posted on January 20, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.40% against the USD and closed at 1.1093 on Friday. Data showed that Euro-zone’s consumer price index (CPI) rose 1.3% in December, at par with market expectations and … Continue reading →

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

Posted on January 17, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.91% against the USD and closed at USD58.63 per barrel, as news of the Senate approval of the US-Mexico-Canada trade agreement along with the signing of the … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on January 17, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.31% against the USD and closed at USD17.95 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.01, with silver … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on January 17, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.21% against the USD and closed at USD1552.50 per ounce. In the Asian session, at GMT0400, the pair is trading at 1554.80, with gold trading 0.15% higher against the … Continue reading →

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AUD/USD: Aussie trading marginally lower in the Asian session

Posted on January 17, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.68% against the USD and closed at 0.6896. LME Copper prices rose 1.1% or $68.5/MT to $6300.5/MT. Aluminium prices rose 0.9% or $15.5/MT to $1794.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s ADP employment change advanced less-than-expected in December

Posted on January 17, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD and closed at 1.3042. Data showed that Canada’s ADP employment rose by 46.2K in December, less than market expectations for an increase of 51.2. … Continue reading →

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

Posted on January 17, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CHF and closed at 0.9650. In the Asian session, at GMT0400, the pair is trading at 0.9657, with the USD trading 0.07% higher against the … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the morning session

Posted on January 17, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 2.12% against the JPY and closed at 110.19. In the Asian session, at GMT0400, the pair is trading at 110.21, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: British Pound trading a tad lower in the Asian session

Posted on January 17, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3079. In the Asian session, at GMT0400, the pair is trading at 1.3074, with the GBP trading slightly lower against the … Continue reading →

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EUR/USD: Germany’s consumer price index rose as initially estimated in December

Posted on January 17, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1137. In economic news, Germany’s final consumer price index (CPI) advanced 1.5% on a yearly basis in December, meeting market expectations … Continue reading →

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