Daily Archives: February 26, 2020

Crude Oil: Oil trading higher ahead of EIA’s crude stockpiles data

Posted on February 26, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.60% against the USD and closed at USD50.13 per barrel, amid growing concerns about the impact of coronavirus on energy demand. Moreover, the American Petroleum Institute (API) … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on February 26, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.37% against the USD and closed at USD18.05 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.10, with silver … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 26, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.40% against the USD and closed at USD1637.00 per ounce, amid profit booking. In the Asian session, at GMT0400, the pair is trading at 1641.80, with gold trading 0.29% … Continue reading →

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

Posted on February 26, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.46% against the USD and closed at 0.6596. LME Copper prices rose 0.1% or $6.0/MT to $5,663.5/MT. Aluminium prices climbed 0.8% or $12.5/MT to $1,685.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher in the morning session

Posted on February 26, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.86% against the CAD and closed at 1.3284. In the Asian session, at GMT0400, the pair is trading at 1.3279, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on February 26, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.26% against the CHF and closed at 0.9759. In the Asian session, at GMT0400, the pair is trading at 0.9774, with the USD trading 0.15% higher against the … Continue reading →

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

Posted on February 26, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 110.18. In the Asian session, at GMT0400, the pair is trading at 110.48, with the USD trading 0.27% higher against the … Continue reading →

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

Posted on February 26, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.21% against the USD and closed at 1.3000. On the macro front, UK’s CBI distributive trade survey’s retail sales advanced 1.0% in February, less than market expectations and … Continue reading →

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EUR/USD: Germany’s fourth quarter economic growth stagnated as initially estimated

Posted on February 26, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.0880. Data showed Germany’s gross domestic product remained flat on a quarterly basis in 4Q19, confirming the preliminary print and compared … Continue reading →

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