Daily Archives: March 12, 2019

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on March 12, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.87% against the USD and closed at USD56.91 per barrel, amid reports that Saudi Arabia is planning to curb its oil exports to below 7 million barrels … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on March 12, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.16% against the USD and closed at USD15.33 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.41, with silver trading 0.49% higher against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on March 12, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.23% against the USD and closed at USD1293.90 per ounce, amid rise in global equities and following upbeat US retail sales data. In the Asian session, at GMT0400, the … Continue reading →

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AUD/USD: Australia’s NAB business confidence and business conditions index fell in February

Posted on March 12, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.57% against the USD and closed at 0.7074. LME Copper prices declined 0.6% or $36.5/MT to $6435.0/MT. Aluminium prices rose/declined 1.0% or $18.0/MT to $1830.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat in the morning session

Posted on March 12, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3394. In the Asian session, at GMT0400, the pair is trading at 1.3394, with the USD trading flat against the CAD … Continue reading →

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

Posted on March 12, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 1.0098. Macroeconomic data revealed that, Switzerland’s total sight deposits eased to a level of CHF576.1 billion in the week ended 08 … Continue reading →

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USD/JPY: Japan’s machine tool orders declined at its fastest pace since 2009

Posted on March 12, 2019 by GCI Financial

USDJPY Movement in February For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 111.29. On the macro front, Japan’s flash machine tool orders plunged 29.3% on an annual basis in February, recording … Continue reading →

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GBP/USD: Sterling trading ahead of key economic data

Posted on March 12, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 2.09% against the USD and closed at 1.3244, ahead of a key Brexit vote in the British Parliament. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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EUR/USD: Germany’s industrial production unexpectedly fell in January

Posted on March 12, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1265. In economic news, Germany’s seasonally adjusted industrial production unexpectedly fell 0.8% on a monthly in January, amid decline in automobile … Continue reading →

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