Monthly Archives: March 2019

Silver: White metal trading on a stronger footing this morning

Posted on March 21, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.88% against the USD and closed at USD15.51 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.58, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gain in the morning session

Posted on March 21, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.59% against the USD and closed at USD1313.70 per ounce, amid weakness in the US dollar following Fed’s decision to halt its interest rate hikes until 2020. In the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s unemployment rate surprisingly dropped in February

Posted on March 21, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.56% against the USD and closed at 0.7128. LME Copper prices declined 0.2% or $13.0/MT to $6487.0/MT. Aluminium prices rose 0.8% or $15.5/MT to $1923.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie reverses its gains in the Asian session

Posted on March 21, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3325. In the Asian session, at GMT0400, the pair is trading at 1.3331, with the USD trading 0.05% higher against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad lower, ahead of the SNB interest rate decision

Posted on March 21, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CHF and closed at 0.9911. In the Asian session, at GMT0400, the pair is trading at 0.9914, with the USD trading slightly higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s machine tool orders plunged in February

Posted on March 21, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the JPY and closed at 110.69. On the data front, Japan’s final machine tool orders sank 29.3% on an annual basis in February, confirming the preliminary … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: British Pound trading higher ahead of the BoE’s monetary policy decision

Posted on March 21, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.52% against the USD and closed at 1.3199, after British Prime Minister Theresa May confirmed that she was seeking a three-month delay the Brexit deadline. In economic news, … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s producer price index rose less-than-estimated in February

Posted on March 21, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.1426. On the macro front, Germany’s producer price index climbed 2.6% on an annual basis in February, undershooting market expectations for … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Posted on March 20, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.05% against the USD and closed at USD58.95 per barrel, after major global crude oil producers continued to curb oil output. Separately, the American Petroleum Institute reported … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on March 20, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.16% against the USD and closed at USD15.37 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.33, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Posted on March 20, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.21% against the USD and closed at USD1305.80 per ounce, amid weakness in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1304.50, with … Continue reading →

Posted in Gold | Comments Off