Monthly Archives: March 2020

Gold: Yellow metal extends its losses in the morning session

Posted on March 13, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.87% against the USD and closed at USD1576.30 per ounce, as investors tried to cover margin calls in other assets. In the Asian session, at GMT0400, the pair is … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on March 13, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 9.07% against the USD and closed at 0.6278. LME Copper prices declined 3.0% or $165.5/MT to $5,386.5/MT. Aluminium prices fell 1.6% or $27.5/MT to $1,643.0/MT. In the Asian … Continue reading →

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

Posted on March 13, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.76% against the CAD and closed at 1.3923. In the Asian session, at GMT0400, the pair is trading at 1.3939, with the USD trading 0.11% higher against the … Continue reading →

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

Posted on March 13, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.96% against the CHF and closed at 0.9449. In the Asian session, at GMT0400, the pair is trading at 0.9434, with the USD trading 0.16% lower against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on March 13, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 4.78% against the JPY and closed at 104.89. In the Asian session, at GMT0400, the pair is trading at 104.99, with the USD trading 0.10% higher against the … Continue reading →

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GBP/USD: British Pound extends its losses in the morning session

Posted on March 13, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.47% against the USD and closed at 1.2576. In the Asian session, at GMT0400, the pair is trading at 1.2556, with the GBP trading 0.16% lower against the … Continue reading →

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EUR/USD: Eurozone’s industrial production rebounds in January

Posted on March 13, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.69% against the USD and closed at 1.1178. On the data front, Euro-zone’s industrial production rose 2.3% on a monthly basis in January, registering its first increase since … Continue reading →

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Crude Oil: Oil trading sharply lower in the Asian session

Posted on March 12, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.79% against the USD and closed at USD33.42 per barrel, after the World Health Organisation declared the global coronavirus outbreak a pandemic and as Saudi Arabia and … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on March 12, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.89% against the USD and closed at USD16.78 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.54, with silver … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on March 12, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.90% against the USD and closed at USD1637.00 per ounce, after investors sold the precious metal to cover margins for stock markets affected by the global spread of coronavirus. … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on March 12, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.08% against the USD and closed at 0.6484. LME Copper prices declined 0.8% or $46.0/MT to $5,552.0/MT. Aluminium prices fell 1.1% or $18.5/MT to $1,670.5/MT. In the Asian … Continue reading →

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