Daily Archives: March 11, 2020

Crude Oil: Oil trading higher ahead of EIA’s weekly crude inventories data

Posted on March 11, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.74% against the USD and closed at USD34.38 per barrel, amid hopes of economic stimulus and after Russia hinted at further talks with Saudi Arabia. Separately, the … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 11, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD16.93 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.08, with silver trading 0.86% higher against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on March 11, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.08% against the USD and closed at USD1651.20 per ounce, on expectations of economic relief measures to curb the effect of the coronavirus outbreak. In the Asian session, at … Continue reading →

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AUD/USD: Australia’s Westpac consumer sentiment falls to a 5-year low

Posted on March 11, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.79% against the USD and closed at 0.6504. LME Copper prices rose 2.1% or $115.0/MT to $5,598.0/MT. Aluminium prices climbed 2.8% or $45.5/MT to $1,689.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the morning session

Posted on March 11, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.19% against the CAD and closed at 1.3719. In the Asian session, at GMT0400, the pair is trading at 1.3694, with the USD trading 0.18% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on March 11, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.74% against the CHF and closed at 0.9374. In the Asian session, at GMT0400, the pair is trading at 0.9357, with the USD trading 0.18% lower against the … Continue reading →

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

Posted on March 11, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 4.59% against the JPY and closed at 105.09. In the Asian session, at GMT0400, the pair is trading at 104.71, with the USD trading 0.36% lower against the … Continue reading →

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GBP/USD: British Pound trading on a stronger footing this morning

Posted on March 11, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.97% against the USD and closed at 1.2901. In the Asian session, at GMT0400, the pair is trading at 1.2918, with the GBP trading 0.13% higher against the … Continue reading →

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EUR/USD: Euro-zone’s economic growth slowed as initially estimated in 4Q 2019

Posted on March 11, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.04% against the USD and closed at 1.1308. On the macro front, Euro-zone’s gross domestic product (GDP) rose 0.1% on a quarterly basis in the fourth quarter of … Continue reading →

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