Gold: Yellow metal reverses its gains in the Asian session

Posted on February 2, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 1.09% against the USD and closed at 1128.60, amid dismal economic data across major economies, dampening the picture of global economic growth. In the Asian session, at GMT0400, … Continue reading →

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AUD/USD: The RBA held interest rate at 2.0%

Posted on February 2, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.58% against the USD and closed at 0.7107. LME Copper prices declined 0.17% or $7.5/MT to $4534.0/MT. Aluminium prices declined 0.62% or $9.5/MT to $1520.0/MT. In the Asian … Continue reading →

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

Posted on February 2, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3952. In economic news, Canada’s RBC manufacturing PMI data rose to a level of 49.3 in January, but continued to remain … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss real retail sales

Posted on February 2, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 1.0199. On the economic front, Switzerland’s SVME PMI unexpectedly declined to a level of 50.0 in January, but remained in the … Continue reading →

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USD/JPY: Japanese Yen extends its previous session gains

Posted on February 2, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 121.01. In the Asian session, at GMT0400, the pair is trading at 120.67, with the USD trading 0.28% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading on a weaker footing, ahead of UK’s construction PMI data

Posted on February 2, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.31% against the USD and closed at 1.4421, after UK’s seasonally adjusted Markit manufacturing PMI unexpectedly advanced to a 3-month high level of 52.9 in January, whereas investors … Continue reading →

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EUR/USD: Euro trading higher, ahead of unemployment rate data across Euro-zone

Posted on February 2, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.0888, after Germany’s final Markit manufacturing PMI rose more-than-expected to a level of 52.3 in January, while markets expected it to … Continue reading →

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Crude Oil: Oil extends its losses in the Asian session

Posted on February 1, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.66% against the USD and closed at 33.33. However, losses in oil prices were kept in check amid hopes of an output cut by the Organisation … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on February 1, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver traded flat against the USD and closed at 14.26. In the Asian session, at GMT0400, the pair is trading at 14.30, with the silver trading 0.28% higher from Friday’s … Continue reading →

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Gold: Gold trading higher this morning

Posted on February 1, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.15% against the USD and closed at 1117, after US economy lost some momentum in the final quarter of 2015, amid global weakness and financial market turmoil. In … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on February 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.7075. LME Copper prices declined 0.26% or $ 12.0/MT to $ 4541.50/MT. Aluminium prices rose 0.16% or $ 2.5/MT to $ … Continue reading →

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