Monthly Archives: March 2020

Silver: White metal extends its gains in the morning session

Posted on March 23, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.06% against the USD and closed at USD12.48 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 12.58, with silver trading 0.84% higher … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on March 23, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.05% against the USD and closed at USD 1487.50 per ounce on Friday, as fiscal measures from global central banks to counter the economic impact from coronavirus reduced investors’ … Continue reading →

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AUD/USD: Aussie extends its losses in the Asian session

Posted on March 23, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 16.08% against the USD and closed at 0.5794 on Friday, after Australia’s Prime Minister, Scott Morrison, announced the closure of non-essential services amid increasing coronavirus cases in the … Continue reading →

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

Posted on March 23, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 10.40% against the CAD and closed at 1.4398 on Friday. On the data front, Canada’s retail sales rose 0.4% on a monthly basis in January, surpassing market expectations … Continue reading →

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

Posted on March 23, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 2.50% against the CHF and closed at 0.9879 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9828, with the USD trading 0.52% lower … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the morning session

Posted on March 23, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.93% against the JPY and closed at 111.17 on Friday. In the Asian session, at GMT0400, the pair is trading at 110.21, with the USD trading 0.86% lower … Continue reading →

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GBP/USD: UK’s public sector net borrowing recorded a surplus in February

Posted on March 23, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 11.09% against the USD and closed at 1.1583 on Friday. On the data front, UK’s public sector net borrowing posted a surplus of £0.39 billion in February, confounding … Continue reading →

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EUR/USD: Euro-zone’s current account surplus widened less-than-expected in January

Posted on March 23, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0664 on Friday. On the macro front, Euro-zone’s seasonally adjusted current account surplus widened to €34.7 billion in January, less than … Continue reading →

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Crude Oil: Oil extends its gains in Asian session

Posted on March 20, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 9.87% against the USD and closed at USD 24.93 per barrel, amid speculation that the US President, Donald Trump, might intervene in the price war between Saudi … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on March 20, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.50% against the USD and closed at USD 12.11 per ounce. In the Asian session, at GMT0400, the pair is trading at 12.57, with silver trading 3.8% higher against … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on March 20, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.53% against the USD and closed at USD1462.40 per ounce, as investors preferred to keep money in cash against gold. In the Asian session, at GMT0400, the pair is … Continue reading →

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