Daily Archives: February 17, 2020

Crude Oil: Oil trading marginally lower in the Asian session

Posted on February 17, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.15% against the USD and closed at USD52.04 per barrel on Friday, as reports of oil purchases by Chinese refiners eased concerns about a slowdown in oil … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on February 17, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.48% against the USD and closed at USD17.71 per ounce on Friday, in line with gains in the yellow metal. In the Asian session, at GMT0400, the pair is … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on February 17, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.46% against the USD and closed at USD1586.80 per ounce on Friday, as ongoing worries about the impact of the coronavirus outbreak boosted demand for the precious yellow metal. … Continue reading →

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AUD/USD: Aussie trading higher ahead of central bank meeting minutes

Posted on February 17, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.34% against the USD and closed at 0.6711 on Friday. LME Copper prices rose 0.4% or $21.0/MT to $5,737.0/MT. Aluminium prices climbed 0.2% or $3.0/MT to $1,704.5/MT. In … Continue reading →

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USD/CAD: Loonie trading on a positive footing this morning

Posted on February 17, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.02% against the CAD and closed at 1.3252 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3238, with the USD trading 0.11% lower … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on February 17, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.12% against the CHF and closed at 0.9819 on Friday. Data indicated that Switzerland’s producer and import prices fell 1.0% on an annual basis in January, less than … Continue reading →

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USD/JPY: Japanese Yen trading lower on the back of dismal economic data

Posted on February 17, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.73% against the JPY and closed at 109.77 on Friday. In the Asian session, at GMT0400, the pair is trading at 109.81, with the USD trading 0.04% higher … Continue reading →

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GBP/USD: British Pound reverses its losses in the Asian session

Posted on February 17, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.3033 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3046, with the GBP trading 0.10% higher … Continue reading →

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EUR/USD: Euro-zone’s economic growth hits a 7-year low, German economy stagnates

Posted on February 17, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0839 on Friday. Data showed that Euro-zone’s gross domestic product (GDP) grew 0.1% on a quarterly basis in 4Q19, registering its … Continue reading →

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