GCM Asia – Market Analysis

090920 Afternoon Session Analysis

09 September 2020                           Afternoon Session Analysis Aussie hold steady amid upbeat data. During late Asian session, the Aussie dollar which traded against the dollar and other currency pairs have pick up some bids after the recent release of China...

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090920 Morning Session Analysis

09 September 2020                           Morning Session Analysis   Dollar gains amid new aid being proposed. Dollar index which gauges its value against a basket of six major currencies surged significantly as likelihood of another round of stimulus package will...

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080920 Afternoon Session Analysis

08 September 2020                           Afternoon Session Analysis Japanese Yen rose following upbeat data. The Japanese Yen which traded against the dollar and other currency pairs have edge higher following a better-than-expected GDP. According to the Japan...

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080920 Morning Session Analysis

08 September 2020                           Morning Session Analysis   Dollar surged despite thin trading on US holiday. Dollar index which gauges its value against a basket of six major currencies managed to extend its gains despite low trading volume on US Labour...

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070920 Weekly Analysis

7 September 2020                 Weekly Analysis   GCMAsia Weekly Report: September 7 – 11 Market Review (Forex): August 31 – September 1 US Dollar Dollar index which gauges its value against a basket of six major currencies have managed to rebound from its low while...

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070920 Afternoon Session Analysis

7 September 2020                             Afternoon Session Analysis Pound slumped amid Brexit uncertainty. Pound Sterling extend its losses against the US Dollar amid the US Dollar strengthened over the backdrop of the string of positive US jobs data on last week...

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070920 Morning Session Analysis

07 September 2020                           Morning Session Analysis   Greenback surged after upbeat employment data. Dollar index which gauges its value against a basket of six major currencies soared after US labour market released a series of bullish bias data,...

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040920 Afternoon Session Analysis

04 September 2020                           Afternoon Session Analysis   Aussie extend losses following lower revision of Retail Sales. During late Asian session, the Australian dollar which traded against the dollar and other currency pairs remain depressed and fell...

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040920 Morning Session Analysis

4 September 2020                             Morning Session Analysis Japanese Yen surged as risk-off sentiment. The safe-haven currency such as Japanese Yen surged amid a significant selloff in the U.S. stock market on yesterday, which spurring the risk-off sentiment...

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030920 Afternoon Session Analysis

3 September 2020                             Afternoon Session Analysis   Euro slumps as doves signs. Euro extended its losses during mid-Asian trading session following dovish signal given by member of European Central Bank (ECB). According to ECB Chief Economist...

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030920 Morning Session Analysis

03 September 2020                           Morning Session Analysis   Dollar rebound slowed amid disappointing jobs data. The dollar index which traded against a basket of six major currency pairs was slowed down and retreat following downbeat employment data....

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020920 Afternoon Session Analysis

02 September 2020                           Afternoon Session Analysis Pound weaken amid talk deadlock remains. Pound sterling which broadly traded by the market participants in Fx market retreated from its 9 month highs level amid growing likelihood of no deal...

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020920 Morning Session Analysis

02 September 2020                           Morning Session Analysis   Dollar regains footing following positive data. During early Asian session, the dollar index which traded against a basket of six major currency pairs have rose from session lows following...

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010920 Afternoon Session Analysis

01 September 2020                           Afternoon Session Analysis   Aussie surged amid upbeat data. The Australian Dollar surged over the backdrop of the string of upbeat economic data from the Australia and China region in the early morning. According to...

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010920 Morning Session Analysis

01 September 2020                           Morning Session Analysis   Dollar extend losses amid signal of prolonged low rates. During early Asian session, the dollar index which traded against a basket of six major currency pairs have fell and reach 2 year low...

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