Daily Archives: February 20, 2020

Crude Oil: Oil trading lower ahead of EIA’s weekly crude inventories data

Posted on February 20, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.67% against the USD and closed at USD53.49 per barrel, after the US imposed tough sanctions on an arm of Russian oil company, Rosneft, raising oil supply … Continue reading →

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Silver: White metal trading lower this morning

Posted on February 20, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.43% against the USD and closed at USD18.42 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.38, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on February 20, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.64% against the USD and closed at USD1614.60 per ounce, as ongoing concerns over the global economic impact of the coronavirus epidemic boosted demand for the safe haven asset. … Continue reading →

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

Posted on February 20, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.83% against the USD and closed at 0.6677. LME Copper prices rose 0.3% or $17.5/MT to $5,745.5/MT. Aluminium prices rose 0.3% or $5.0/MT to $1,686.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s inflation rises in January

Posted on February 20, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.79% against the CAD and closed at 1.3222. On the macro front, Canada’s consumer price index rose 2.4% on an annual basis in January, driven by a rise … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on February 20, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.33% against the CHF and closed at 0.9839. In the Asian session, at GMT0400, the pair is trading at 0.9837, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japanese Yen trading lower in the morning session

Posted on February 20, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 3.11% against the JPY and closed at 111.26. In the Asian session, at GMT0400, the pair is trading at 111.36, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: UK’s inflation accelerated to a six-month high level in January

Posted on February 20, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.27% against the USD and closed at 1.2921, amid uncertainty surrounding Britain’s trade talks with the European Union and government plans to boost spending. On the macro front, … Continue reading →

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EUR/USD: Eurozone construction output declined in December

Posted on February 20, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.0808. Data showed that Euro-zone’s seasonally adjusted current account surplus widened to €32.6 billion in December, undershooting market expectations for a … Continue reading →

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