Monthly Archives: April 2020

Silver: White metal extends its losses in the Asian session

Posted on April 22, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.71% against the USD and closed at USD15.06 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.03, with silver trading 0.23% lower against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on April 22, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1705.10 per ounce, as the US Dollar strengthened. In the Asian session, at GMT0300, the pair is trading at 1707.30, with gold … Continue reading →

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AUD/USD: Australia’s Westpac leading index dropped in March

Posted on April 22, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 8.99% against the USD and closed at 0.6283. LME Copper prices declined 3.4% or $175.0/MT to $4994.5/MT. Aluminium prices fell 0.6% or $8.0/MT to $1443.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the morning session

Posted on April 22, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.89% against the CAD and closed at 1.4202. On the data front, Canada’s retail sales rose 0.3% on a monthly basis in February, compared to a revised rise … Continue reading →

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USD/CHF: Switzerland’s trade surplus widened in March

Posted on April 22, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CHF and closed at 0.9700. On the data front, Switzerland’s trade surplus widened to CHF4.0 billion in March, more than market forecast and compared to … Continue reading →

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

Posted on April 22, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.17% against the JPY and closed at 107.76. In the Asian session, at GMT0300, the pair is trading at 107.75, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s ILO unemployment rate unexpectedly rose in the three months ended February

Posted on April 22, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.61% against the USD and closed at 1.2297. On the data front, UK’s ILO unemployment rate unexpectedly rose to 4.0% in the three months ended February, defying market … Continue reading →

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EUR/USD: Euro-zone’s ZEW economic sentiment index rebounded in April

Posted on April 22, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.0854. On the macro front, Euro-zone’s ZEW economic sentiment index climbed to 25.2 in April, compared to a level of -49.5 … Continue reading →

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Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Posted on April 21, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil plunged 151.45% against the USD and closed at -USD8.00 per barrel, amid deepening concerns over falling demand for oil. In the Asian session, at GMT0300, the pair is … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on April 21, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.39% against the USD and closed at USD15.64 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.58, with silver trading 0.42% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on April 21, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.09% against the USD and closed at USD1711.50 per ounce, as collapse in crude oil prices and ongoing concerns over coronavirus linked economic damage increased demand for the safe … Continue reading →

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