GCM Asia – Market Analysis

230721 Afternoon Session Analysis

23 July 2021                        Afternoon Session Analysis   Euro slips following dovish ECB. The Euro which traded against the dollar and other currency pair have fell after ECB delivered a dovish note on meeting. As expected, the ECB has maintained its...

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230721 Morning Session Analysis

23 July 2021                        Morning Session Analysis Dollar slumped over the bearish data. The Dollar Index which traded against a basket of six major currency pairs slumped over the backdrop of the string of bearish economic data yesterday. According to...

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220721 Afternoon Session Analysis

21 July 2021                        Afternoon Session Analysis   Aussie fell following increasing covid cases. The Australian dollar which traded against the dollar and other currency pairs remains pressured and fell as Australia covid infections hit 10 months...

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220721 Morning Session Analysis

22 July 2021                        Morning Session Analysis Dollar slumped amid risk-on sentiment. The Dollar Index which traded against a basket of six major currency pairs retraced from its recent high following the global stock market rebounded significantly,...

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210721 Afternoon Session Analysis

19 July 2021                        Afternoon Session Analysis   Pound plunged amid Covid and Brexit woes. The pound sterling has fell against the dollar and other currency pairs following fears of rapid spread of the Delta variant. The number of infections has...

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210721 Morning Session Analysis

21 July 2021                        Morning Session Analysis Delta fears had insinuated demand on safe-haven Dollar. The Dollar Index which traded against a basket of six major currency pairs extend its gains amid spiking numbers of Delta variant continue to diminish...

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200721 Afternoon Session Analysis

20 July 2021                        Afternoon Session Analysis Dollar jumped amid risk-off sentiment. The Dollar Index which traded against a basket of six major currency pairs surged following the threat of the Delta Coronavirus variant hit global equity markets,...

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200721 Morning Session Analysis

20 July 2021                        Morning Session Analysis   Rising coronavirus cases dampens market sentiment. Pound sterling was traded lower against the US dollar over the backdrop of rising coronavirus cases in the region. On yesterday, pound sterling...

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190721 Weekly Analysis

19 July 2021                            Weekly Analysis   GCMAsia Weekly Report: July 19 – 23 Market Review (Forex): July 12 - 16 US Dollar The dollar index which traded against a basket of six major currency pairs surged over the backdrop of a string of upbeat...

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190721 Afternoon Session Analysis

19 July 2021                        Afternoon Session Analysis   Aussie plunged amid Covid woes. The Australian dollar which traded against the dollar and other currency pair have continue to extend its losses following increasing concerns towards Covid-19...

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190621 Morning Session Analysis

19 July 2021                        Morning Session Analysis Dollar jumped amid positive retail data. The Dollar Index which traded against a basket of six major currency pairs surged over the backdrop of positive retail sales data, which spurring expectation that the...

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160721 Afternoon Session Analysis

16 July 2021                        Afternoon Session Analysis   Pound slips amid coronavirus woes. The pound sterling which traded against the dollar and other currency pairs have slip following increasing new cases of coronavirus in the U.K. According to...

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160721 Morning Session Analysis

16 July 2021                        Morning Session Analysis Dollar surged amid upbeat job data. The Dollar Index which traded against a basket of six major currency pairs surged over the backdrop of upbeat job data from United States yesterday, which spurring...

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150721 Afternoon Session Analysis

15 July 2021                        Afternoon Session Analysis   Aussie slips following mixed Australian jobs data. The Australian dollar which traded against the greenback and other currency pairs have fell due to unclear signals of Australia employment report...

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150721 Morning Session Analysis

15 July 2021                        Morning Session Analysis Dollar slumped following Fed maintained the dovish tone. The Dollar Index which traded against a basket of six major currency pairs slumped following the Federal Reserve unleashed their dovish tone on...

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