Monthly Archives: March 2018

Gold: Yellow metal extends its gains in the Asian session

Posted on March 14, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.32% against the USD and closed at USD1327.40 per ounce, amid weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1328.10, with gold … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence improved in March

Posted on March 14, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.7855. LME Copper prices rose 0.4% or $26.0/MT to $6883.0/MT. Aluminium prices declined 0.8% or $17.0/MT to $2080.0/MT. In the Asian … Continue reading →

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USD/CAD: OECD raised its 2018 growth outlook for Canadian economy

Posted on March 14, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the CAD and closed at 1.2957. Yesterday, the Paris-based think tank, OECD nudged up its growth forecast for Canada to 2.2% in 2018, up from 2.1% … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on March 14, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 0.9437. In the Asian session, at GMT0400, the pair is trading at 0.9430, with the USD trading 0.07% lower against the … Continue reading →

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USD/JPY: Some board members urged scrutiny of current ultra-low monetary policy: BoJ minutes

Posted on March 14, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the JPY and closed at 106.49. In the Asian session, at GMT0400, the pair is trading at 106.44, with the USD trading 0.1% lower against the … Continue reading →

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GBP/USD: UK economic growth to pick-up slightly this year: Spring Statement

Posted on March 14, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.50% against the USD and closed at 1.3969, after the Spring Budget statement indicated an upgrade to UK’s economic growth forecast for this year. The UK’s Chancellor of … Continue reading →

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EUR/USD: Euro trading higher in the Asian session, ahead of Mario Draghi’s speech

Posted on March 14, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.48% against the USD and closed at 1.2393, as the Organisation for Economic Co-operation and Development (OECD) raised its growth forecast for Euro-zone to 2.3% in 2018 and … Continue reading →

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Crude Oil: Oil extends its losses in the morning session, ahead of API’s weekly crude oil inventories data

Posted on March 13, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD61.35 per barrel, following a bearish report from the Energy Information Administration (EIA). The EIA, in its monthly report, projected … Continue reading →

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Silver: White metal trading lower this morning

Posted on March 13, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.33% against the USD and closed at USD16.55 per ounce, surrendering its previous session gains. In the Asian session, at GMT0400, the pair is trading at USD16.53 per ounce, … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 13, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly declined against the USD and closed at USD1323.30 per ounce. In the Asian session, at GMT0400, the pair is trading at USD1321.30 per ounce, with gold trading 0.15% lower … Continue reading →

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AUD/USD: Australia’s NAB business conditions jumped to a record high in February

Posted on March 13, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7869. LME Copper prices rose 0.7% or $49.0/MT to $6857.0/MT. Aluminium prices rose 0.9% or $18.5/MT to $2097.0/MT. In the Asian … Continue reading →

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