Monthly Archives: February 2020

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

Posted on February 19, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.67% against the USD and closed at 0.6688. LME Copper prices declined 1.3% or $74.0/MT to $5,728.0/MT. Aluminium prices rose 0.2% or $2.5/MT to $1,681.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing sales dropped for the fourth straight month in December

Posted on February 19, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.06% against the CAD and closed at 1.3256. Data showed that Canada’s manufacturing sales unexpectedly fell by 0.7% on a monthly basis in December, driven by a decline … Continue reading →

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

Posted on February 19, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.25% against the CHF and closed at 0.9831. In the Asian session, at GMT0400, the pair is trading at 0.9834, with the USD trading slightly higher against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on February 19, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.84% against the JPY and closed at 109.88. In the Asian session, at GMT0400, the pair is trading at 110.07, with the USD trading 0.17% higher against the … Continue reading →

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GBP/USD: British Pound trading lower ahead of key economic data

Posted on February 19, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.66% against the USD and closed at 1.3000. Data showed that UK’s ILO unemployment rate remained unchanged at 3.8% in the October-December 2019 period, in line with market … Continue reading →

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EUR/USD: German investor confidence sharply deteriorates in February

Posted on February 19, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0794, after the ZEW survey showed a slump in confidence among German investors. Data indicated that Germany’s ZEW economic sentiment indicator … Continue reading →

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Crude Oil: Oil trading lower ahead of the API weekly crude stockpiles data

Posted on February 18, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.12% against the USD and closed at USD51.98 per barrel. In the Asian session, at GMT0400, the pair is trading at 51.68, with oil trading 0.58% lower … Continue reading →

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Silver: White metal trading on a positive footing this morning

Posted on February 18, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.31% against the USD and closed at USD17.79 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.87, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on February 18, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.10% against the USD and closed at USD1584.10 per ounce, amid hopes for China’s stimulus efforts to limit the economic impact from the coronavirus outbreak. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading lower, following RBA’s meeting minutes

Posted on February 18, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.33% against the USD and closed at 0.6712. LME Copper prices rose 1.1% or $65.0/MT to $5,802.0/MT. Aluminium prices declined 1.5% or $26.0/MT to $1,678.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on February 18, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.89% against the CAD and closed at 1.3235. In the Asian session, at GMT0400, the pair is trading at 1.3248, with the USD trading 0.10% higher against the … Continue reading →

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