Daily Archives: March 3, 2016

Crude Oil: Oil extends its gains in the Asian session

Posted on March 3, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.54% against the USD and closed at 34.73, as investors shrugged off data indicating record high US crude stockpiles and turned their attention to OPEC’s plan to … Continue reading →

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Silver: White metal trading lower this morning

Posted on March 3, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.04% against the USD and closed at 14.99, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.93, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 3, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.78% against the USD and closed at 1241.70, amid a broad weakness in the greenback coupled with a better-than-expected US non-farm private employment data. In the Asian session, at … Continue reading →

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AUD/USD: Australia’s trade deficit narrowed in January

Posted on March 3, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.54% against the USD and closed at 0.7286. In economic news, data indicated that Australia’s AiG performance of services index entered into expansionary territory after registering a level … Continue reading →

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

Posted on March 3, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.3431. In the Asian session, at GMT0400, the pair is trading at 1.3428, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/CHF: Swiss economy grew at a faster-than-expected pace in Q4 2015.

Posted on March 3, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9965. The Swiss Franc gained ground, after the Swiss GDP topped market expectations in Q4 2015, amidst uncertain global scenario and … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on March 3, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the JPY and closed at 113.56. In the Asian session, at GMT0400, the pair is trading at 113.92, with the USD trading 0.32% higher from yesterday’s … Continue reading →

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GBP/USD: UK’s construction activity declined to a 10-month low level in February

Posted on March 3, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.9% against the USD and closed at 1.4081. On the economic front, UK’s construction PMI unexpectedly fell to a level of 54.2 in February, touching its ten-month low … Continue reading →

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EUR/USD: US Fed’s Beige Book points to continued modest growth

Posted on March 3, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.0870. In economic news, the Euro-zone’s producer price index fell by 1.0% MoM in January, in line with market expectations and … Continue reading →

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