Monthly Archives: March 2019

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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Crude Oil: Oil trading higher in the morning session

Posted on March 11, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.58% against the USD and closed at USD56.12 per barrel on Friday, amid growing worries over global economic growth and energy demand. Meanwhile, fresh figures from Baker … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on March 11, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.13% against the USD and closed at USD15.37 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.32, … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on March 11, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.03% against the USD and closed at USD1299.30 per ounce on Friday, amid weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1297.10, … Continue reading →

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AUD/USD: Aussie reverses its gains in the morning session

Posted on March 11, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7050 on Friday. LME Copper prices declined 0.9% or $59.5/MT to $6398.5/MT. Aluminium prices rose 0.4% or $7.0/MT to $1848.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate remained unchanged in February

Posted on March 11, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CAD and closed at 1.3411 on Friday. In economic news, Canada’s unemployment rate remained steady at a rate of 5.8% in February, in line with … Continue reading →

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

Posted on March 11, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 1.0073 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0085, with the USD trading 0.12% higher … Continue reading →

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