GCM Asia – Market Analysis

290620 Morning Session Analysis

29 June 2020                       Morning Session Analysis Pound slumped amid risk-off sentiment. Pound Sterling slumped on last Friday, reaching its lowest level in almost month amid Brexit uncertainty had weighed on the demand of the currency. Besides, the...

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260620 Afternoon Session Analysis

26 June 2020                       Afternoon Session Analysis Japanese Yen struggles after inflation data. The Japanese Yen which measured its value against the dollar and other currency pairs have fell during late Asian session after the release of Japan CPI....

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260620 Morning Session Analysis

26 June 2020                       Morning Session Analysis   Dollar hovered following the release of mixed economic data. Dollar index which gauges its value against a basket of six major currencies was having a mixed pattern and hovered near the recent high level...

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250620 Afternoon Session Analysis

25 June 2020                       Afternoon Session Analysis Loonie slips amid Fitch rating downgrade. During late Asian session, the Canadian Lonnie which traded against the greenback and other currency pairs have plummeted after Fitch Ratings downgrades Canada’s...

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250620 Morning Session Analysis

25 June 2020                       Morning Session Analysis   Dollar soars as geopolitical risk heightened. Dollar index which gauges its value against a basket of six major currencies managed to extend its rebound yesterday following the latest news showed that US is...

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240620 Afternoon Session Analysis

24 June 2020                       Afternoon Session Analysis   Kiwi fell amid dovish RBNZ. During late Asian session, the New Zealand Kiwi which traded against the greenback and other currency pair have plummet after RBNZ leaves its door open for additional stimulus....

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240620 Morning Session Analysis

24 June 2020                       Morning Session Analysis Positive economic data spurred demand for Euro. The euro surged to one-week high over the backdrop of the positive economic data from the European region. Besides, the demand for riskier currencies was...

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230620 Afternoon Session Analysis

23 June 2020                       Afternoon Session Analysis Aussie fell amid uncertainty between US – China. The Aussie dollar which traded against the greenback and other currency pairs have slipped during late Asian session as the worsening tension between U.S and...

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230620 Morning Session Analysis

23 June 2020                       Morning Session Analysis   Dollar plunged amid weak housing data.   Dollar index which gauges its value against a basket of six major currencies dipped following the release of weak economic data yesterday. According to the National...

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220620 Afternoon Session Analysis

22 June 2020                       Afternoon Session Analysis Aussie held gains following PBoC rate decision. The Aussie dollar which traded against the greenback and other currency pairs remains in bid after the People's Bank of China's (PBOC) rate decision....

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220620 Weekly Analysis

22 June 2020               Weekly Analysis GCMAsia Weekly Report: June 22 - 27 Market Review (Forex): June 15 – 20 US Dollar The dollar index which traded against a basket of six major currency pairs extent its gains last week amid diminishing hopes upon the...

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220620 Morning Session Analysis

22 June 2020                       Morning Session Analysis   Dollar surged amid fears over second wave of virus heightened. Dollar index which gauges its value against a basket of six major currencies soars as the appeal of dollar as a safe haven currency has...

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190620 Afternoon Session Analysis

19 June 2020                       Afternoon Session Analysis   Pound slips further following Brexit fears. The pound sterling which traded against the dollar and other currency pairs have fell during late Asian session as signs of U.K and EU relationship remains...

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190620 Morning Session Analysis

19 June 2020                       Morning Session Analysis Diminishing risk appetite spurred demand for safe-haven dollar. The dollar index which measured its value against a basket of six major currency pairs extend its bullish momentum amid unstoppable rising in...

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180620 Afternoon Session Analysis

18 June 2020                       Afternoon Session Analysis   Aussie suffers amid weak jobs report. The Australian dollar which traded against the greenback and other currency pair have experience selling pressure during late Asian session after employment data...

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