GCM Asia – Market Analysis

080621 Afternoon Session Analysis

08 June 2021                       Afternoon Session Analysis   Yen surged amid upbeat economic data. The Japanese Yen surged over the backdrop of bullish economic data in the morning. According to Cabinet Office, Japan Gross Domestic Product (GDP) for last quarter...

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080621 Morning Session Analysis

08 June 2021                       Morning Session Analysis US Dollar slumped amid dovish expectation. The Dollar Index which traded against a basket of six major currency pairs extend its losses yesterday amid U.S. Treasury yields were lower while investors continue...

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070621 Afternoon Session Analysis

07 June 2021                       Afternoon Session Analysis   Pound slips following virus concerns. The pound sterling which traded against the greenback and other currency pairs have fell following increasing concerns of new coronavirus cases in the U.K. According...

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070621 Weekly Analysis

7 June 2021                             Weekly Analysis   GCMAsia Weekly Report: June 7 – 11 Market Review (Forex): May 31 – June 4 US Dollar The dollar index which traded against a basket of six major currency pairs was traded within a lower boundary over the...

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070621 Morning Session Analysis

7 June 2021                         Morning Session Analysis   NFP fails to deliver, US dollar extend its losses. US dollar was traded lower against a basket of six major currencies following lower than expected reading from its Nonfarm Payrolls report. As of writing,...

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040621 Afternoon Session Analysis

04 June 2021                       Afternoon Session Analysis   GBP/USD weakens on strengthening Dollar. The pair of GBP/USD slumped on yesterday amid the strengthening US Dollar. Nonetheless, the overall prospect economic for the United Kingdom remained resilient...

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040621 Morning Session Analysis

04 June 2021                       Morning Session Analysis US Dollar surged amid upbeat economic data. The Dollar Index which traded against a basket of six major currency pairs surged significantly on yesterday over the backdrop of string of the upbeat crucial...

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030621 Afternoon Session Analysis

03 June 2021                       Afternoon Session Analysis Pound remains resilient following plans of lockdown easing. The pound sterling which traded against the greenback and other currency pairs have rose as improving situation on COVID-19 in the U.K have...

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030621 Morning Session Analysis

03 June 2021                       Morning Session Analysis US Dollar traded flat amid investors wait for data. The Dollar Index which traded against a basket of six major currency pairs hovers near two-year low on yesterday amid market participants currently waited...

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020621 Afternoon Session Analysis

02 June 2021                       Afternoon Session Analysis   Aussie surged over hawkish tone Australia Dollar surged over the backdrop of hawkish statement from the Reserve Bank of Australia. According to statement by Philip Lowe, the central Bank have maintained...

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020621 Morning Session Analysis

02 June 2021                       Morning Session Analysis Dollar surged as upbeat data. The Dollar Index which traded against a basket of six major currency pairs rebounded over the backdrop of bullish economic data on yesterday. According to Institute for Supply,...

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010621 Afternoon Session Analysis

1 June 2021                         Afternoon Session Analysis   Pound soars on optimism towards economy. The pound sterling which traded against the dollar and other currency pairs have experience a huge bid and rose to a three year high following markets continue to...

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010621 Morning Session Analysis

01 June 2021                       Morning Session Analysis Dollar slumped on inflation fears. The Dollar Index which traded against a basket of six major currency pairs extend its losses yesterday amid investors remained their concern over the impact of a surge in...

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310521 Afternoon Session Analysis

31 May 2021                       Afternoon Session Analysis   Aussie rose on mixed China PMI data. The Australian dollar which traded against the dollar and other currency pairs have rose following the release of China’s official activity numbers. According to China...

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310521 Weekly Analysis

31 May 2021                           Weekly Analysis   GCMAsia Weekly Report: May 31 – June 7 Market Review (Forex): May 24 - 28 US Dollar The dollar index which traded against a basket of six major currency pairs hovered near two-year lows on last week amid over the...

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