Daily Archives: April 17, 2020

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

Posted on April 17, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.19% against the USD and closed at USD19.92 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand by … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on April 17, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.44% against the USD and closed at USD15.83 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.76, with silver trading 0.47% lower against the … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on April 17, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.81% against the USD and closed at USD1728.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 1725.50, with gold trading 0.16% lower against the … Continue reading →

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

Posted on April 17, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.89% against the USD and closed at 0.6359. LME Copper prices rose 0.9% or $44.0/MT to $5,098.5/MT. Aluminium prices climbed 0.4% or $6.5/MT to $1,476.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing sales rose in February

Posted on April 17, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.61% against the CAD and closed at 1.4034. On the data front, Canada’s manufacturing sales unexpectedly rose 0.5% on a monthly basis in February, defying market forecast for … Continue reading →

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USD/CHF: Switzerland’s producer and import prices fell in March

Posted on April 17, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 0.9691. On the data front, Switzerland’s producer and import prices fell 2.7% on an annual basis in March, driven by lower … Continue reading →

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USD/JPY: Japan’s industrial output fell in February

Posted on April 17, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.96% against the JPY and closed at 107.99. In the Asian session, at GMT0300, the pair is trading at 107.67, with the USD trading 0.30% lower against the … Continue reading →

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

Posted on April 17, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.16% against the USD and closed at 1.2486, after the UK government extended its lockdown for a further three weeks. In the Asian session, at GMT0300, the pair … Continue reading →

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EUR/USD: Euro-zone’s industrial production marginally fell in February

Posted on April 17, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0860. On the macro front, Euro-zone’s seasonally adjusted industrial production dropped 0.1% on a monthly basis in February, less than market … Continue reading →

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