Monthly Archives: February 2020

Silver: White metal trading slightly higher this morning

Posted on February 5, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.48% against the USD and closed at USD17.59 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.60, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on February 5, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.67% against the USD and closed at USD1556.70 per ounce, after China’s central bank intervened to contain the economic effect of the deadly coronavirus outbreak. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading a tad lower in the Asian session

Posted on February 5, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 2.92% against the USD and closed at 0.6740. LME Copper prices rose 1.0% or $57.0/MT to $5,652.0/MT. Aluminium prices declined 0.4% or $7.5/MT to $1,687.0/MT. In the Asian … Continue reading →

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

Posted on February 5, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.23% against the CAD and closed at 1.3279. In the Asian session, at GMT0400, the pair is trading at 1.3292, with the USD trading 0.10% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on February 5, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9691. In the Asian session, at GMT0400, the pair is trading at 0.9697, with the USD trading 0.06% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading slightly higher in the Asian session

Posted on February 5, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.46% against the JPY and closed at 109.47. In the Asian session, at GMT0400, the pair is trading at 109.45, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK construction sector contracted at its slowest pace in 8 months in January

Posted on February 5, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.3031, amid continuing concerns surrounding the Brexit deal. On the macro front, Britain’s Markit construction PMI advanced to a level of … Continue reading →

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EUR/USD: Eurozone producer prices declined for the fifth straight month in December

Posted on February 5, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1046. On the macro front, Euro-zone’s producer price index (PPI) declined 0.7% on an annual basis in December, in line with … Continue reading →

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

Posted on February 4, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.75% against the USD and closed at USD49.85 per barrel, amid worries about a slowdown in oil demand. However, losses were limited amid reports that the Organisation … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on February 4, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.17% against the USD and closed at USD17.68 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.71, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on February 4, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.41% against the USD and closed at USD1581.00 per ounce, as strength in the US Dollar dampened demand for the safe haven asset and after China announced liquidity measures … Continue reading →

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