Daily Archives: April 9, 2020

Crude Oil: Oil trading on a negative footing in the morning session

Posted on April 9, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 6.25% against the USD and closed at USD26.18 per barrel, amid hopes of production cut by Saudi Arabia and Russia. Additionally, the Energy Information Administration (EIA) reported … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Posted on April 9, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.26% against the USD and closed at USD15.22 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.28, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the morning session

Posted on April 9, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1678.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 1682.70, with gold trading 0.25% higher against the … Continue reading →

Posted in Gold | Comments Off

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

Posted on April 9, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 9.73% against the USD and closed at 0.6232. LME Copper prices declined 11.5% or $1.8/MT to $4,976.0/MT. Aluminium prices fell 2.3% or $34.0/MT to $1,421.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s housing starts fell less-than-expected in March

Posted on April 9, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.48% against the CAD and closed at 1.4018. On the data front, Canada’s seasonally adjusted housing starts dropped to 195.2K in March, less than market forecast for a … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad higher in the morning session

Posted on April 9, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.86% against the CHF and closed at 0.9721. In the Asian session, at GMT0300, the pair is trading at 0.9719, with the USD trading marginally lower against the … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on April 9, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.15% against the JPY and closed at 108.88. In the Asian session, at GMT0300, the pair is trading at 108.95, with the USD trading 0.06% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: British Pound trading higher in the morning session

Posted on April 9, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.94% against the USD and closed at 1.2385. On the data front, UK’s RICS housing price balance eased to 11.0% in March, compared to a level of 29.0% … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading a tad higher in the morning session

Posted on April 9, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.0858. In the US, MBA mortgage applications dropped 17.9% in the week ended 3 April 2020, compared to a rise of … Continue reading →

Posted in EUR/USD | Comments Off