Monthly Archives: March 2019

AUD/USD: The RBA left its benchmark interest rate unchanged at 1.5%

Posted on March 5, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.7089. LME Copper prices declined 2.3% or $152.0/MT to $6420.0/MT. Aluminium prices declined 1.6% or $31.0/MT to $1859.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on March 5, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3312. In the Asian session, at GMT0400, the pair is trading at 1.3324, with the USD trading 0.09% higher against the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on March 5, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9992. In economic news, Switzerland’s total sight deposits eased to a level of CHF576.4 billion in the week ended 01 March, … Continue reading →

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USD/JPY: Japan’s Nikkei services PMI climbed in February

Posted on March 5, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the JPY and closed at 111.75. In the Asian session, at GMT0400, the pair is trading at 111.90, with the USD trading 0.13% higher against the … Continue reading →

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GBP/USD: UK’s construction PMI declined for the first time in 11-months in February

Posted on March 5, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.3180. Macroeconomic data showed that UK’s construction PMI declined to a level 49.5 in February, declining for the first time in … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence index advanced in March

Posted on March 5, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1337. On the data front, the Euro-zone’s Sentix investor confidence index jumped to a level of -2.2 in March, compared to … Continue reading →

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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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