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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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