Monthly Archives: April 2020

USD/CAD: Canada’s manufacturing PMI unexpectedly dropped in March

Posted on April 2, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.63% against the CAD and closed at 1.4167. On the data front, Canada’s Markit manufacturing PMI unexpectedly dropped to 46.1 in March, confounding market expectations for an advance … Continue reading →

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

Posted on April 2, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9664. In Switzerland, the SVME manufacturing PMI declined to a level of 43.7, less than market forecast for a fall to … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on April 2, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.64% against the JPY and closed at 107.24. In the Asian session, at GMT0300, the pair is trading at 107.50, with the USD trading 0.24% higher against the … Continue reading →

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GBP/USD: UK manufacturing activity significantly dropped in March

Posted on April 2, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.93% against the USD and closed at 1.2386. On the data front, UK’s manufacturing PMI dropped to a 3-month low level of 47.8 in March, compared to a … Continue reading →

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EUR/USD: Euro-zone’s manufacturing activity contracted at its fastest pace in more than seven years

Posted on April 2, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.0951. On the macro front, Euro-zone’s Markit manufacturing PMI dropped to a level of 44.5 in March, due to the coronavirus … Continue reading →

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Crude Oil: Oil trading higher ahead of EIA’s weekly crude inventories data

Posted on April 1, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.78% against the USD and closed at USD20.26 per barrel, after the US President, Donald Trump and Russian President, Vladimir Putin agreed to hold talks to stabilise … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on April 1, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.35% against the USD and closed at USD14.12 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.22, with silver trading 0.71% higher against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on April 1, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.33% against the USD and closed at USD1584.50 per ounce, as strength in the US Dollar and robust Chinese economic data boosted investors’ risk appetite. In the Asian session, … Continue reading →

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AUD/USD: Australia’s building permits rebounded in February

Posted on April 1, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 11.24% against the USD and closed at 0.6128. LME Copper prices rose 0.7% or $34.0/MT to $4,797.0/MT. Aluminium prices declined 0.4% or $6.0/MT to $1,489.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s GDP expanded in January

Posted on April 1, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.91% against the CAD and closed at 1.4074. On the data front, Canada’s gross domestic product (GDP) advanced 0.1% on a monthly basis in January, in line with … Continue reading →

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

Posted on April 1, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 0.9616. In Switzerland, real retail sales unexpectedly rose 0.3% on a yearly basis in February, confounding market expectations for a drop … Continue reading →

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