Monthly Archives: March 2018

USD/JPY: Japanese Yen reverses its losses in the morning session

Posted on March 21, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the JPY and closed at 106.54. In the Asian session, at GMT0400, the pair is trading at 106.48, with the USD trading 0.06% lower against the … Continue reading →

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GBP/USD: UK’s annual inflation growth weakest since September 2017 in February

Posted on March 21, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.25% against the USD and closed at 1.4002, after softer-than-expected UK inflation figures alleviated the pressure on the Bank of England to raise key interest rates. Britain’s consumer … Continue reading →

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EUR/USD: ZEW economic sentiment plummeted across the Euro-zone in March

Posted on March 21, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.2245, pressured by weaker-than-expected ZEW economic sentiment data across the Euro-zone. The Euro-zone’s ZEW economic sentiment index significantly declined to a … Continue reading →

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Crude Oil: Oil extends its gains, ahead of API’s weekly crude oil inventories data

Posted on March 20, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.23% against the USD and closed at USD62.16 per barrel, amid fears over potential supply disruptions, following tensions between Saudi Arabia and Iran and concerns over Venezuela’s … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on March 20, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.37% against the USD and closed at USD16.33 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.31, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 20, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.38% against the USD and closed at USD1316.60 per ounce, amid weakness in the US Dollar. In the Asian session, at GMT0400, the pair is trading at 1316.00, with … Continue reading →

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AUD/USD: RBA sanguine over Australia’s economy, but concerned over high household debt

Posted on March 20, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7713. LME Copper prices declined 1.9% or $131.5/MT to $6791.5/MT. Aluminium prices rose 0.1% or $1.5/MT to $2070.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower in the Asian session

Posted on March 20, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD and closed at 1.3079. In the Asian session, at GMT0400, the pair is trading at 1.3082, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on March 20, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9510. In economic news, Switzerland’s total sight deposits remained steady at a level of CHF575.9 billion in the week ended 16 … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on March 20, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the JPY and closed at 106.05. In the Asian session, at GMT0400, the pair is trading at 106.25, with the USD trading 0.19% higher against the … Continue reading →

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GBP/USD: Britain and the EU reached an agreement on Brexit transition period

Posted on March 20, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.68% against the USD and closed at 1.4026, as the latest development in Brexit talks renewed hopes of softer Brexit. Yesterday, Britain and the European Union (EU) reached … Continue reading →

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