Daily Archives: March 4, 2019

Crude Oil: Oil reverses its losses in the Asia session

Posted on March 4, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.59% against the USD and closed at USD55.69 per barrel on Friday, amid concerns over the demand for the commodity. Meanwhile, fresh figures from Baker Hughes disclosed … Continue reading →

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Silver: White metal trading on a stronger footing in the morning session

Posted on March 4, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.72% against the USD and closed at USD15.23 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.29, … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 4, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.47% against the USD and closed at USD1296.30 per ounce on Friday, amid broad strength in the US dollar. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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

Posted on March 4, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.37% against the USD and closed at 0.7073 on Friday. LME Copper prices rose 0.6% or $36.0/MT to $6572.0/MT. Aluminium prices declined 0.1% or $2.5/MT to $1890.5/MT. In … Continue reading →

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USD/CAD: Canada’s annualised gross domestic product advanced in 4Q 2018

Posted on March 4, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.02% against the CAD and closed at 1.3302 on Friday. On the macro front, data revealed that Canada’s annualised gross domestic product (GDP) advanced 0.4% on a quarterly … Continue reading →

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USD/CHF: Switzerland’s SVME manufacturing PMI surprisingly rose in February

Posted on March 4, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9996 on Friday. In economic news, Switzerland’s SVME manufacturing PMI surprisingly climbed to a level of 55.4 in February, defying market … Continue reading →

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USD/JPY: Japanese Yen trading a tad higher in the morning session

Posted on March 4, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the JPY and closed at 112.00 on Friday. In the Asian session, at GMT0400, the pair is trading at 111.99, with the USD trading marginally lower … Continue reading →

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GBP/USD: UK’s manufacturing sector growth declined to a 4-month low level in February

Posted on March 4, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.3181 on Friday. On the data front, UK’s manufacturing PMI declined to a level of 52.0 in February, marking its lowest … Continue reading →

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EUR/USD: Euro-zone’s unemployment rate remained unchanged at a 10-year low rate in January

Posted on March 4, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1371 on Friday. Data indicated that the Euro-zone’s unemployment rate remained steady at a 10-year low rate of 7.8% in January, … Continue reading →

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