GCM Asia – Market Analysis

040121 Morning Session Analysis

04 January 2021                 Morning Session Analysis Dollar slumped on budget deficit gap. The overall trend for the US Dollar remained bearish amid the explosion in budget and trade deficits had dialled down the market optimism toward the economic progression in...

read more

311220 Afternoon Session Analysis

31 December 2020                          Afternoon Session Analysis   Dollar stunned ahead of year 2021. Dollar index which gauges its value against a basket of six major currencies lingers around the two-year low level as market are waiting for more catalyst in this...

read more

311220 Morning Session Analysis

31 December 2020                            Morning Session Analysis Pound surged over the positive Covid-19 vaccine development. The Pound Sterling surged following the announcement that the AstraZeneca Covid-19 vaccine had been approved by British regulator, which...

read more

301220 Afternoon Session Analysis

30 December 2020                            Afternoon Session Analysis   Aussie rose on risk-on mood. During late Asian session, the Australian dollar which traded against the dollar and other currency pairs taking huge bid and rose following risk on mood causes by US...

read more

301220 Morning Session Analysis

30 December 2020                            Morning Session Analysis US Dollar slumped over the bearish economic outlook. The Dollar Index which traded against a basket of six major currency pairs hovered near two-years low amid investors speculated that an increase...

read more

291220 Afternoon Session Analysis

29 December 2020                            Afternoon Session Analysis   Pound slips following increasing worries over trade. During late Asian session, the pound sterling which traded against the greenback and other currency pars have remains weak and fell as...

read more

291220 Morning Session Analysis

29 December 2020                            Morning Session Analysis Euro surged amid risk-on sentiment. The Euro surged on yesterday amid the positive development with regards of the Brexit deal as well as the U.S. President Donald Trump’s decision to approve a new...

read more

281220 Weekly Analysis

28 December 2020                 Weekly Analysis   GCMAsia Weekly Report: December 28  - January 1 Market Review (Forex): December 21 - 25 US Dollar The dollar index which traded against a basket of six major currency pairs manage to recoup its losses and rebound from...

read more

281220 Afternoon Session Analysis

28 December 2020                          Afternoon Session Analysis   Dollar plunged after Trump signed the $900 billion stimulus plan.   Dollar index which gauge its value against a basket of six major currencies dipped after US President Donald Trump unexpectedly...

read more

281220 Morning Session Analysis

28 December 2020                            Morning Session Analysis Pound surged following Johnson announced Brexit deal is done. Pound Sterling surged in today’s early Asian trading session amid positive prospect for the Brexit deal, which dialled up the market...

read more

241220 Afternoon Session Analysis

24 December 2020                            Afternoon Session Analysis Dollar pressured as Donald Trump obstruct U.S stimulus. During late Asian session, the dollar index which traded against a basket of six major currency pairs have fell after reports of Donald Trump...

read more

241220 Morning Session Analysis

24 December 2020                          Morning Session Analysis   Pound skyrocketed as the Brexit deal is imminent.   Pound sterling which act as one of the major currencies that being traded by the investors in FX market surged significantly as the likelihood of...

read more

231220 Afternoon Session Analysis

23 December 2020                            Afternoon Session Analysis Pound struggling as Brexit talk remain in deadlock. During late Asian session, the pound sterling which traded against the dollar and other currency pairs remains weak and fell as investors...

read more

231220 Morning Session Analysis

23 December 2020                          Morning Session Analysis   Dollar surged amid Congress passes the stimulus plan. Dollar index which gauges its value against a basket of six major currencies managed to recover part of its previous losses after US Congress...

read more

221220 Afternoon Session Analysis

22 December 2020                         Afternoon Session Analysis Aussie fell despite strong Retail Sales data. During late Asian session, the Aussie dollar which traded against the dollar and other currency pairs have fell as market ignores upbeat reading of...

read more