GCM Asia – Market Analysis

22 January 2021                 Afternoon Session Analysis Aussie slips amid weak data. During late Asian session, the Australian dollar which traded against the greenback and other currency pairs have fell following the release of a weaker-than-expected Retail Sales...

22 January 2021               Morning Session Analysis   Euro ticked up following the neutral stance of view given by ECB. The single currency of European Union lingered around the highest level in one week after European Central Bank (ECB) decided to remain its...

21 January 2021                 Afternoon Session Analysis Loonie soars following BoC rate decision. During late Asian session, the Canadian dollar which traded against the greenback and its peers have jumped following recent rate decision and hawkish note from Band...

21 January 2021               Morning Session Analysis   Canadian dollar surged amid BoC positive tone toward economic outlook. The Canadian dollar received huge buy-in momentum yesterday as Bank of Canada (BoC) decided to maintain their interest rate at current level...

20 January 2021                 Afternoon Session Analysis Dollar plunged following comments from Yellen on COVID-19 relief. During late Asian session, the dollar index which traded against a basket of six major currency pairs have fell following investors are...

20 January 2021               Morning Session Analysis   Euro standstill after Germany extends lockdown measures. The single currency in European Union was failed to extend its gains early today amid Germany lockdown restriction which were due to expire on 31st of...

19 January 2021                 Afternoon Session Analysis Aussie rose on upbeat data, risk-on mood. During late Asian session, the Australian dollar which traded against the greenback and other currency pairs have jumped as the pair benefited from positive data and...

19 January 2021               Morning Session Analysis   Euro wobbles amid pessimistic eurozone outlook. The single currency in European Union was having mixed pattern yesterday while hovering near the lowest level in six weeks as ongoing pandemic continue...

18 January 2021                 Afternoon Session Analysis Aussie traded flat amid mixed economic data from China. The Australian Dollar was traded within a range over the backdrop of mixed economic data from China on Monday. According to National Bureau of Statistics...

18 January 2021               Morning Session Analysis   Pound sterling slumped amid recession risk heightened. Pound sterling which act as one of the major currencies that being traded in the FX market retraced from the highest level in 2.5 years as ongoing lockdown...

15 January 2021                 Afternoon Session Analysis Euro bewildered following mixed ECB stance. Euro took a slight hit during mid-Asian trading session after European Central Bank’s December meeting minutes shows mixed signals with regards to Euro zone economic...

15 January 2021                 Morning Session Analysis   Dollar up on further stimulus expectation. During early Asian session, the dollar index which traded against a basket of six major currency pairs remains steady and rose as expectation of a further substantial...

14 January 2021                 Afternoon Session Analysis US House approves Trump impeachment move. In a historic move, US President Donald Trump became the first president to receive motion to be impeached twice after 10 of his fellow Republicans joined Democrats in...

14 January 2021                 Morning Session Analysis   Dollar held gains following CPI data, stabilize yields During early Asian session, the dollar index which traded against a basket of six major currency pairs have rose back into positive territory following...