GCM Asia – Market Analysis

171120 Morning Session Analysis

17 November 2020                           Morning Session Analysis Yen retreats over risk-on sentiment. The safe-haven currency such as Japanese Yen slumped amid the positive prospect for the Covid-19 vaccine development on yesterday, which spurring risk-on sentiment...

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161120 Weekly Analysis

16 November 2020                Weekly Analysis   GCMAsia Weekly Report: November 16 – 20 Market Review (Forex): November 9 – 13 US Dollar Dollar index which traded against a basket of six major currencies have recovered partially from its previous slide but still...

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161120 Afternoon Session Analysis

16 November 2020                            Afternoon Session Analysis   Pound surged after Dominic Cummings resigns. Pound sterling which acts as one of the major currency that being traded in the FX market managed to continue ride on its bullish trend after UK PM’s...

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161120 Morning Session Analysis

16 November 2020                           Morning Session Analysis Yen rebound on Covid-19 uncertainty. The safe-haven currency Japanese Yen rebound on last Friday, amid the fears upon the resurgence of the coronavirus in the United States and Europe had outweighed...

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131120 Afternoon Session Analysis

13 November 2020                           Afternoon Session Analysis Dollar held steady amid COVID-19 uncertainty. During late Asian session, the dollar index which traded against a basket of six major currency pairs remain steady and rose following worsening cases...

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131120 Morning Session Analysis

13 November 2020                            Morning Session Analysis   Pound plunged amid disappointing economic data. Pound sterling which acts as one of the major currency that being traded in the FX market was sell-off massively by the market participant after...

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121120 Afternoon Session Analysis

12 November 2020                           Afternoon Session Analysis Pound fell amid expectation of Brexit talks miss deadline. During late Asian session, the pound sterling which traded against the dollar and other currency pairs have fell following expectation of...

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121120 Morning Session Analysis

12 November 2020                            Morning Session Analysis   Euro dipped following pessimistic Christine Lagarde Speaks. The single currency of Euro which playing an important role in the FX market received huge sell-off momentum after ECB Chairman Christine...

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111120 Afternoon Session Analysis

11 November 2020                           Afternoon Session Analysis New Zealand Kiwi soars following RBNZ Orr’s comments. During late Asian session, the New Zealand Kiwi which traded against the greenback and other currency pair have manage to extend its gains and...

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111120 Morning Session Analysis

11 November 2020                            Morning Session Analysis   Pound surged after government voting down the Internal Market Bill. Pound sterling which act as one of the major currencies which being traded by market participants in the FX market jumped amid...

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101120 Morning Session Analysis

10 November 2020                            Morning Session Analysis   Safe haven yen plunged amid positive vaccine results. Japanese Yen which acting as one of the major trading currencies in FX market was dumped by the market participants tremendously after drug...

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091120 Afternoon Session Analysis

09 November 2020                            Afternoon Session Analysis   Pound rose on Biden, but Brexit may limit gains. The pound sterling which traded against the dollar and other currency pairs continue to extend its gains during late Asian session, however the...

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091120 Weekly Analysis

9 November 2020                  Weekly Analysis GCMAsia Weekly Report: November 9 – 14 Market Review (Forex): November 2 - 6 US Dollar The dollar index which traded against a basket of six major currency pairs slumped last week following the Joe Biden from Democratic...

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091120 Morning Session Analysis

09 November 2020                            Morning Session Analysis   Dollar plunged after Joe Biden defeats Trump. Dollar index which gauge its value against a basket of six major currencies failed to recover from its previous losses while extending the bearish...

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061120 Afternoon Session Analysis

06 November 2020                           Afternoon Session Analysis Greenback seesawed following flat interest rate decision. Dollar index which gauges its value against a basket of six major currencies was having mixed pattern after Federal Reserve decided to hold...

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