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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Silver: White metal extends its losses in the morning session

Posted on May 4, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.13% against the USD and closed at USD15.05 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 14.96, with silver trading 0.56% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on May 4, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.88% against the USD and closed at USD1710.60 per ounce on Friday, after US President, Donald Trump threatened to impose new tariffs against China. In the Asian session, at … Continue reading →

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AUD/USD: Australia’s building permits fell less-than-expected in March

Posted on May 4, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.0% against the USD and closed at 0.6421 on Friday. LME Copper prices declined 3.3% or $170.0/MT to $5,061.0/MT. Aluminium prices fell 1.4% or $20.5/MT to $1,440.0/MT. In … Continue reading →

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USD/CAD: Canada’s Markit manufacturing PMI dropped in April

Posted on May 4, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.74% against the CAD and closed at 1.4051 on Friday. On the data front, Canada’s Markit manufacturing PMI dropped to 33.0 in April, more than market expectations for … Continue reading →

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

Posted on May 4, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.9613 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9637, with the USD trading 0.25% higher … Continue reading →

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

Posted on May 4, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.98% against the JPY and closed at 106.87 on Friday. In the Asian session, at GMT0400, the pair is trading at 106.71, with the USD trading 0.15% lower … Continue reading →

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GBP/USD: British Pound extends its losses in the morning session

Posted on May 4, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.00% against the USD and closed at 1.2507 on Friday. On the data front, UK’s Nationwide housing prices rose 3.7% on a yearly basis in April, recording to … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on May 4, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1097 on Friday. In the US, the Markit manufacturing PMI dropped to 36.1 in April, compared to a level of 48.5 … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on May 1, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 20.94% against the USD and closed at USD19.35 per barrel, amid reports that major oil companies have announced voluntary crude production cuts in an attempt to curb … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on May 1, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.18% against the USD and closed at USD15.07 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.12, with silver … Continue reading →

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