Monthly Archives: March 2020

Silver: White metal reverses its gains in the Asian session

Posted on March 6, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.25% against the USD and closed at USD17.44 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.32, with silver trading 0.66% lower against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Posted on March 6, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.07% against the USD and closed at USD1672.90 per ounce, as concerns over the rapidly spreading coronavirus boosted demand for the safe-haven asset. In the Asian session, at GMT0400, … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading lower in the Asian session

Posted on March 6, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.19% against the USD and closed at 0.6615. LME Copper prices declined 0.5% or $27.0/MT to $5,667.5/MT. Aluminium prices fell 0.5% or $8.5/MT to $1,715.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower ahead of key economic data

Posted on March 6, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.79% against the CAD and closed at 1.3406. In the Asian session, at GMT0400, the pair is trading at 1.3410, with the USD trading slightly higher against the … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on March 6, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.90% against the CHF and closed at 0.9455. In the Asian session, at GMT0400, the pair is trading at 0.9441, with the USD trading 0.15% lower against the … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on March 6, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 3.63% against the JPY and closed at 106.15. In the Asian session, at GMT0400, the pair is trading at 105.76, with the USD trading 0.37% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

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

Posted on March 6, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.57% against the USD and closed at 1.2954. Bank of England Governor, Mark Carney, in his speech, stated that central bank’s monetary policy committee (MPC) is assessing the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its gains in the Asian session

Posted on March 6, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1231. In the US, seasonally adjusted initial jobless claims dropped to a level of 216.0K on a weekly basis in the … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: Oil trading higher in the morning session

Posted on March 5, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.64% against the USD and closed at USD47.27 per barrel. The US Energy Information Administration (EIA) reported that crude oil inventories rose by 785,000 bls in the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the morning session

Posted on March 5, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.46% against the USD and closed at USD17.22 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.21, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on March 5, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.53% against the USD and closed at USD1637.70 per ounce, amid rise in global equities and upbeat US economic data. In the Asian session, at GMT0400, the pair is … Continue reading →

Posted in Gold | Comments Off