Monthly Archives: March 2020

Gold: Yellow metal reverses its gains in the Asian session

Posted on March 30, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.50% against the USD and closed at USD1657.20 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 1650.40, with gold trading 0.41% lower … Continue reading →

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

Posted on March 30, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 10.49% against the USD and closed at 0.6180 on Friday. LME Copper prices marginally declined to $4,774.0/MT. Aluminium prices fell 0.1% or $1.5/MT to $1,506.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC cuts benchmark interest rate, announces QE

Posted on March 30, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.28% against the CAD and closed at 1.3991 on Friday. The Canadian dollar declined against the US dollar, after Canada’s central bank cut its interest rate and launched … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on March 30, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.27% against the CHF and closed at 0.9516 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9537, with the USD trading 0.22% higher … Continue reading →

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

Posted on March 30, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.06% against the JPY and closed at 107.88 on Friday. In the Asian session, at GMT0300, the pair is trading at 107.32, with the USD trading 0.52% lower … Continue reading →

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

Posted on March 30, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.32% against the USD and closed at 1.2465 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2383, with the GBP trading 0.66% lower … Continue reading →

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

Posted on March 30, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.82% against the USD and closed at 1.1133 on Friday. In the US, personal income rose 0.6% on a monthly basis in February, more than market expectations for … Continue reading →

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

Posted on March 27, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.45% against the USD and closed at USD 23.18 per barrel, amid growing worries about decline in crude demand . In the Asian session, at GMT0400, the … Continue reading →

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Silver: White metal trading on positive footing in the morning session

Posted on March 27, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.10% against the USD and closed at USD 14.59 per ounce. In the Asian session, at GMT0400, the pair is trading at 14.79, with silver trading 1.37% higher against … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on March 27, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.90% against the USD and closed at USD 1655.20 per ounce, as the US dollar declined after initial jobless claims surged to a record high level. In the Asian … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on March 27, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 12.38% against the USD and closed at 0.6049. LME Copper prices rose 0.5% or $21.5/MT to $4,775.5/MT. Aluminium prices remained flat at $1,507.5/MT. In the Asian session, at … Continue reading →

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