Daily Archives: February 25, 2020

Crude Oil: Oil trading higher ahead of API weekly crude inventories data

Posted on February 25, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.96% against the USD and closed at USD51.47 per barrel, as a sharp rise in the number of coronavirus cases outside China stoked worries about crude demand. … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 25, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.40% against the USD and closed at USD18.68 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.67, with silver trading 0.08% lower against the … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on February 25, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.20% against the USD and closed at USD1661.70 per ounce. In the Asian session, at GMT0400, the pair is trading at 1659.70, with gold trading 0.12% lower against the … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on February 25, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.90% against the USD and closed at 0.6603. LME Copper prices declined 0.8% or $44.5/MT to $5,657.5/MT. Aluminium prices fell 0.3% or $4.5/MT to $1,672.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the morning session

Posted on February 25, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.33% against the CAD and closed at 1.3291. Data showed that Canada’s wholesale sales climbed 0.9% on a monthly basis in December, compared to a revised drop of … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher this morning

Posted on February 25, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the CHF and closed at 0.9792. On the macro front, Switzerland’s total sight deposits rose to a level of CHF592.3 billion in the week ended 21 … Continue reading →

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USD/JPY: Japan’s leading index rises in December

Posted on February 25, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 2.61% against the JPY and closed at 110.72. In the Asian session, at GMT0400, the pair is trading at 110.84, with the USD trading 0.11% higher against the … Continue reading →

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

Posted on February 25, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.24% against the USD and closed at 1.2925, as investors turned away from risker assets, amid a rise in number of coronavirus cases outside China. In the Asian … Continue reading →

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EUR/USD: German business confidence improves in February

Posted on February 25, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.0853. On the data front, Germany’s Ifo business expectations index unexpectedly rose to a level of 93.4 in February, compared to … Continue reading →

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