Monthly Archives: April 2020

AUD/USD: Australia’s business confidence index unexpectedly dropped in March

Posted on April 14, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.40% against the USD and closed at 0.6393. Elsewhere in China, Australia’s largest trading partner, the producer price index dropped 1.5% on an annual basis in March, more … Continue reading →

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USD/CAD: Canada’s unemployment rate rose in March

Posted on April 14, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.44% against the CAD and closed at 1.3882. On the data front, Canada’s unemployment rate rose to 7.8% in March, more than market expectations for a rise to … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on April 14, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9672. In the Asian session, at GMT0300, the pair is trading at 0.9641, with the USD trading 0.32% lower against the … Continue reading →

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USD/JPY: Japanese Yen trading a tad higher in the Asian session

Posted on April 14, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.22% against the JPY and closed at 107.70. On the macro front, Japan’s producer price index fell 0.4% on a yearly basis in March, compared to a rise … Continue reading →

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

Posted on April 14, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.95% against the USD and closed at 1.2513. On the data front, UK’s manufacturing production rose 0.5% on a monthly basis in February, more than market expectations for … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on April 14, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0915. On the macro front, Germany’s seasonally adjusted trade surplus unexpectedly widened to €21.6 billion in February, compared to a revised … Continue reading →

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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 →

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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 →

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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 →

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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 →

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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 →

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