Monthly Archives: May 2020

EUR/USD: Euro-zone’s producer price index dropped in March

Posted on May 6, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.61% against the USD and closed at 1.0838. On the macro data, Euro-zone’s producer price index dropped 2.8% on a yearly basis in March, driven by sharp fall … Continue reading →

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on May 5, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 16.11% against the USD and closed at USD21.33 per barrel, following voluntary production cuts by major oil producers and amid ease in coronavirus lockdowns across some countries. … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on May 5, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.77% against the USD and closed at USD14.87 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.84, with silver trading 0.24% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on May 5, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1710.30 per ounce, amid rising trade tensions between the US and China. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Australia’s AiG performance of construction index dropped in April

Posted on May 5, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.89% against the USD and closed at 0.6428. LME Copper prices declined 0.1% or $3.0/MT to $5,058.0/MT. Aluminium prices fell 0.2% or $3.0/MT to $1,437.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the morning session

Posted on May 5, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.0% against the CAD and closed at 1.4085. In the Asian session, at GMT0300, the pair is trading at 1.4064, with the USD trading 0.15% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on May 5, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9654. On the data front, Switzerland’s SVME – Purchasing Managers’ Index dropped to 40.7 in April, less than market forecast and … Continue reading →

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

Posted on May 5, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 3.15% against the JPY and closed at 106.68. In the Asian session, at GMT0300, the pair is trading at 106.59, with the USD trading 0.08% lower against the … Continue reading →

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

Posted on May 5, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.48% against the USD and closed at 1.2444. In the Asian session, at GMT0300, the pair is trading at 1.2461, with the GBP trading 0.14% higher against the … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence improved in May

Posted on May 5, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0905. amid geopolitical tension between U.S and China. On the macro front, Euro-zone’s Markit manufacturing PMI dropped to 33.4 in April, … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on May 4, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.02% against the USD and closed at USD19.74 per barrel on Friday, after the Organisation of the Petroleum Exporting Countries (OPEC) and its allies embarked on record … Continue reading →

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