Daily Archives: March 4, 2016

Crude Oil: Oil trading higher this morning

Posted on March 4, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at 34.68, reversing its previous session gains, as global supply glut concerns resurfaced. In the Asian session, at GMT0400, the pair … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on March 4, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.57% against the USD and closed at 15.23, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.26, with the silver trading … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on March 4, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.63% against the USD and closed at 1262.00, after downbeat US economic data fuelled worries about the nation’s economic outlook and boosted demand for the safe-haven yellow metal. In … Continue reading →

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AUD/USD: Australia’s January retail sales came in weaker-than-expected

Posted on March 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.87% against the USD and closed at 0.7349. LME Copper prices rose 1.05% or $50.0/MT to $4830.0/MT. Aluminium prices rose 0.41% or $6.5/MT to $1603.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on March 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.3415. In the Asian session, at GMT0400, the pair is trading at 1.3420, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on March 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9919, after US services PMI further contracted in February. In the Asian session, at GMT0400, the pair is trading at 0.9924, … Continue reading →

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USD/JPY: No plan to cut interest rates further into negative territory for now, says the BoJ Governor

Posted on March 4, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the JPY and closed at 113.71. In the Asian session, at GMT0400, the pair is trading at 113.64, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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GBP/USD: UK’s services PMI declined to the lowest level since March 2013.

Posted on March 4, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.4171. In economic news, UK’s Markit services PMI dropped to nearly a three-year low of of 52.7 in February, thus darkening … Continue reading →

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EUR/USD: Euro-zone’s service’s sector activity at 13-month low level

Posted on March 4, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.0948, following better than expected services PMI data in the Euro-zone and Germany. Data showed that Euro-zone’s final Markit services PMI … Continue reading →

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