Monthly Archives: March 2019

Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Posted on March 29, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.17% against the USD and closed at USD59.43 per barrel. Meanwhile, the US President Donal Trump stressed OPEC to raise oil supply. In the Asian session, at … Continue reading →

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Silver: White metal trading a tad lower in the morning session

Posted on March 29, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.80% against the USD and closed at USD15.00 per ounce, led by losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.99, with … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on March 29, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.45% against the USD and closed at USD1295.60 per ounce, as strength in US dollar dampened demand for the dollar denominated commodity. In the Asian session, at GMT0400, the … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on March 29, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.17% against the USD and closed at 0.7077. LME Copper prices rose 0.7% or $46.5/MT to $6385.0/MT. Aluminium prices rose 2.5% or $47.0/MT to $1896.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s CFIB business barometer dropped in March

Posted on March 29, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3435. Data indicated that Canada’s CFIB business barometer decline to a level of 55.9 in March, following a level of 59.0 … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on March 29, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9946. In the Asian session, at GMT0400, the pair is trading at 0.9954, with the USD trading 0.08% higher against the … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the Asian session

Posted on March 29, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the JPY and closed at 110.66. In the Asian session, at GMT0400, the pair is trading at 110.73, with the USD trading 0.06% higher against the … Continue reading →

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GBP/USD: British Pound reverses its losses in the morning session

Posted on March 29, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.78% against the USD and closed at 1.3055, amid news that the British government ruled out a meaningful vote scheduled today. In the Asian session, at GMT0400, the … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index rose as estimated in March

Posted on March 29, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.1228. On the macro front, the Euro-zone’s business climate indicator fell to a level of 0.53 in March, more than market … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on March 28, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.90% against the USD and closed at USD59.33 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles unexpectedly advanced 2.8 million … Continue reading →

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Silver: White metal trading on stronger footing this morning

Posted on March 28, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.07% against the USD and closed at USD15.27 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.29, with silver … Continue reading →

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