Monthly Archives: March 2020

Crude Oil: Oil trading lower in the Asian session

Posted on March 16, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.51% against the USD and closed at USD33.34 per barrel on Friday. Baker Hughes reported that US oil rig count rose by 1 to 683 last week. … Continue reading →

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Silver: White metal trading on a positive footing this morning

Posted on March 16, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 7.09% against the USD and closed at USD14.61 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.71, … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on March 16, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.47% against the USD and closed at USD1519.80 per ounce on Friday, amid profit booking. In the Asian session, at GMT0400, the pair is trading at 1546.60, with gold … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on March 16, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 10.15% against the USD and closed at 0.6203 on Friday. LME Copper prices rose 2.7% or $144.0/MT to $5,530.5/MT. Aluminium prices climbed 2.1% or $34.0/MT to $1,677.0/MT. In … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on March 16, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.07% against the CAD and closed at 1.3833 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3847, with the USD trading 0.10% higher … Continue reading →

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

Posted on March 16, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.14% against the CHF and closed at 0.9528 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9496, with the USD trading 0.34% lower … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the morning session

Posted on March 16, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.77% against the JPY and closed at 108.20 on Friday. In the Asian session, at GMT0400, the pair is trading at 106.87, with the USD trading 1.23% lower … Continue reading →

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GBP/USD: British Pound trading a tad lower in the morning session

Posted on March 16, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.23% against the USD and closed at 1.2347 on Friday. The Bank of England (BoE), in its latest meeting minutes, revealed that it has considered the option to … Continue reading →

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EUR/USD: Euro reverses its losses in the Asian session

Posted on March 16, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.67% against the USD and closed at 1.1103 on Friday. On the data front, Germany’s consumer price index rose 0.4% on a monthly basis in February, in line … Continue reading →

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Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data

Posted on March 13, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.21% against the USD and closed at USD31.01 per barrel, after the US President, Donald Trump, announced ban on travellers from Europe to curb the spread of … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on March 13, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 6.29% against the USD and closed at USD15.73 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.46, with silver … Continue reading →

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