Monthly Archives: April 2020

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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Crude Oil: Oil trading on a stronger footing this morning

Posted on April 16, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.26% against the USD and closed at USD20.16 per barrel, amid rise in weekly US oil inventories and after the International Energy Agency forecasted oil demand would … Continue reading →

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Silver: White metal trading a tad lower in the Asian session

Posted on April 16, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.75% against the USD and closed at USD15.76 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.7550, with silver trading marginally lower against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on April 16, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.54% against the USD and closed at USD1742.60 per ounce, as the US Dollar strengthened and amid profit booking. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Australia’s unemployment rate climbed in March

Posted on April 16, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 8.60% against the USD and closed at 0.6310. LME Copper prices declined 1.3% or $64.5/MT to $5,054.5/MT. Aluminium prices rose 0.9% or $13.5/MT to $1,469.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower in the morning session

Posted on April 16, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.26% against the CAD and closed at 1.4119. The Bank of Canada, in its interest rate decision, maintained its interest rate at 0.25%, as widely expected. Additionally, the … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on April 16, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9653. In the Asian session, at GMT0300, the pair is trading at 0.9669, with the USD trading 0.17% higher against the … Continue reading →

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

Posted on April 16, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.44% against the JPY and closed at 107.46. In the Asian session, at GMT0300, the pair is trading at 107.83, with the USD trading 0.34% higher against the … Continue reading →

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GBP/USD: UK’s retail sales fell at its fastest pace in March

Posted on April 16, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.91% against the USD and closed at 1.2518. In the Asian session, at GMT0300, the pair is trading at 1.2482, with the GBP trading 0.29% lower against the … Continue reading →

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EUR/USD: Euro extends its losses in the Asian session

Posted on April 16, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.0902. On the macro front, US MBA mortgage applications advanced 7.3% in the week ended 10 April 2020. In the previous … Continue reading →

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

Posted on April 15, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 8.96% against the USD and closed at USD20.84 per barrel, on the back of lower oil demand. Additionally, the American Petroleum Institute (API) reported that crude oil … Continue reading →

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