Daily Archives: March 6, 2020

Crude Oil: Oil trading lower ahead of Baker Hughes weekly rig count data

Posted on March 6, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.50% against the USD and closed at USD46.09 per barrel, amid heightened worries over the fast-spreading coronavirus and ahead of a final decision by the Organisation of … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on March 6, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.25% against the USD and closed at USD17.44 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.32, with silver trading 0.66% lower against the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 6, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.07% against the USD and closed at USD1672.90 per ounce, as concerns over the rapidly spreading coronavirus boosted demand for the safe-haven asset. In the Asian session, at GMT0400, … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on March 6, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.19% against the USD and closed at 0.6615. LME Copper prices declined 0.5% or $27.0/MT to $5,667.5/MT. Aluminium prices fell 0.5% or $8.5/MT to $1,715.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower ahead of key economic data

Posted on March 6, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.79% against the CAD and closed at 1.3406. In the Asian session, at GMT0400, the pair is trading at 1.3410, with the USD trading slightly higher against the … Continue reading →

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

Posted on March 6, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.90% against the CHF and closed at 0.9455. In the Asian session, at GMT0400, the pair is trading at 0.9441, with the USD trading 0.15% lower against the … Continue reading →

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

Posted on March 6, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 3.63% against the JPY and closed at 106.15. In the Asian session, at GMT0400, the pair is trading at 105.76, with the USD trading 0.37% lower against the … Continue reading →

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

Posted on March 6, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.57% against the USD and closed at 1.2954. Bank of England Governor, Mark Carney, in his speech, stated that central bank’s monetary policy committee (MPC) is assessing the … Continue reading →

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EUR/USD: Euro extends its gains in the Asian session

Posted on March 6, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1231. In the US, seasonally adjusted initial jobless claims dropped to a level of 216.0K on a weekly basis in the … Continue reading →

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