Daily Archives: March 10, 2020

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on March 10, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.93% against the USD and closed at USD31.91 per barrel, despite oil price war. In the Asian session, at GMT0400, the pair is trading at 33.27, with … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on March 10, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.71% against the USD and closed at USD16.91 per ounce, in line with the gold prices. In the Asian session, at GMT0400, the pair is trading at 17.08, with … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on March 10, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.11% against the USD and closed at USD1677.10 per ounce. In the Asian session, at GMT0400, the pair is trading at 1666.50, with gold trading 0.63% lower against the … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on March 10, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.39% against the USD and closed at 0.6601. LME Copper prices declined 2.5% or $141.0/MT to $5,483.0/MT. Aluminium prices fell 2.6% or $43.5/MT to $1,643.5/MT. In the Asian … Continue reading →

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USD/CAD: Canadian housing starts declined less-than-expected in February

Posted on March 10, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.70% against the CAD and closed at 1.3655. On the macro front, Canada’s housing starts dropped to a level of 210.1K in February, less than market expectation for … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remains steady in February

Posted on March 10, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 3.87% against the CHF and closed at 0.9265. On the data front, seasonally adjusted unemployment rate remained unchanged at 2.3% in February, in line with market forecast. In … Continue reading →

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

Posted on March 10, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 6.97% against the JPY and closed at 102.47. In the Asian session, at GMT0400, the pair is trading at 103.67, with the USD trading 1.17% higher against the … Continue reading →

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

Posted on March 10, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.3091. In the Asian session, at GMT0400, the pair is trading at 1.3064, with the GBP trading 0.21% lower against the … Continue reading →

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EUR/USD: Euro-zone’s investor confidence index drops on fears of recession

Posted on March 10, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1427. On the data front, Euro-zone’s Sentix investor confidence index fell to -17.1 in March, marking its lowest level since April … Continue reading →

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