Monthly Archives: April 2020

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

Posted on April 30, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil surged 20.94% against the USD and closed at USD16.00 per barrel, after data showed that the US inventories climbed less-than-expected and amid optimism that demand for oil would … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on April 30, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.53% against the USD and closed at USD15.56 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.48, with silver trading 0.55% lower against the … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on April 30, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.47% against the USD and closed at USD1728.20 per ounce, as easing of coronavirus-led lockdowns and progress on an experimental treatment for COVID-19, reduced demand for the safe haven … Continue reading →

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AUD/USD: Australia’s private sector credit demand climbed in March

Posted on April 30, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.19% against the USD and closed at 0.6546. LME Copper prices rose 0.3% or $14.5/MT to $5,184.0/MT. Aluminium prices declined 0.1% or $1.0/MT to $1,464.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower, ahead of Canada’s GDP data

Posted on April 30, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.43% against the CAD and closed at 1.3881. In the Asian session, at GMT0300, the pair is trading at 1.3883, with the USD trading marginally higher against the … Continue reading →

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USD/CHF: Switzerland’s economic expectations index rose in April

Posted on April 30, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.07% against the CHF and closed at 0.9741. On the data front, Switzerland’s ZEW survey expectations climbed to 12.7 in April, compared to a reading of -45.8 in … Continue reading →

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USD/JPY: Japan’s retail trade fell less-than-expected in March

Posted on April 30, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 3.23% against the JPY and closed at 106.59. In the Asian session, at GMT0300, the pair is trading at 106.69, with the USD trading 0.09% higher against the … Continue reading →

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

Posted on April 30, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.30% against the USD and closed at 1.2468. In the Asian session, at GMT0300, the pair is trading at 1.2447, with the GBP trading 0.17% lower against the … Continue reading →

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EUR/USD: Euro-zone’s economic confidence sharply deteriorated in April

Posted on April 30, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.0874. On the macro front, Euro-zone’s consumer confidence index eased to -22.7 in April, compared to a level of -11.6 in … Continue reading →

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on April 29, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.12% against the USD and closed at USD13.23 per barrel. In the Asian session, at GMT0300, the pair is trading at 13.86, with oil trading 4.76% higher … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on April 29, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.49% against the USD and closed at USD15.33 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.41, with silver trading 0.52% higher against the … Continue reading →

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