Monthly Archives: April 2020

Crude Oil: Oil trading on a weaker footing this morning

Posted on April 6, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil jumped 15.93% against the USD and closed at USD28.82 per barrel on Friday, amid hopes that the Organisation of the Petroleum Exporting Countries (OPEC) and its allies would … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on April 6, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.65% against the USD and closed at USD14.52 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 14.54, with silver trading 0.10% higher … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on April 6, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.81% against the USD and closed at USD1648.60 per ounce on Friday, following worse-than-expected US nonfarm payrolls data. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on April 6, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 13.20% against the USD and closed at 0.5993 on Friday. LME Copper prices rose 0.9% or $42.0/MT to $4,863.5/MT. Aluminium prices advanced 0.2% or $3.5/MT to $1,452.0/MT. In … Continue reading →

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

Posted on April 6, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.54% against the CAD and closed at 1.4156 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4201, with the USD trading 0.32% higher … Continue reading →

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

Posted on April 6, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.31% against the CHF and closed at 0.9764 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9775, with the USD trading 0.11% higher … Continue reading →

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

Posted on April 6, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.58% against the JPY and closed at 108.41 on Friday. In the Asian session, at GMT0300, the pair is trading at 108.92, with the USD trading 0.47% higher … Continue reading →

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GBP/USD: UK’s Markit services PMI contracted in March

Posted on April 6, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.85% against the USD and closed at 1.2266 on Friday. On the data front, UK’s Markit services PMI fell to a level of 34.5 in March, recording its … Continue reading →

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EUR/USD: Euro-zone’s retail sales grew at a faster pace in February

Posted on April 6, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.0811 on Friday. On the data front, Euro-zone’s Markit services PMI plunged to a level of 26.4 in March, compared to … Continue reading →

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

Posted on April 3, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 17.26% against the USD and closed at USD24.86 per barrel, after the US President, Donald Trump stated that he expects Saudi Arabia and Russia to reach a … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on April 3, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.58% against the USD and closed at USD14.62 per ounce, tracking gains in gold prices. In the Asian session, at GMT0500, the pair is trading at 14.63, with silver … Continue reading →

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