GCM Asia – Market Analysis

200919 Afternoon Session Analysis

20 September 2019                           Afternoon Session Analysis   Swiss Franc soars despite dovish statement. The USD/CHF pair retreated sharply from three-month tops and dropped to fresh session low as the pair suffered aggressive long-unwinding trade after...

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200919 Morning Session Analysis

20 September 2019                           Morning Session Analysis     Greenback revived amid upbeat economic data. Dollar index which gauge its value against a basket of six major currencies rebound from lower level following upbeat data been released from United...

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190919 Afternoon Session Analysis

19 September 2019                           Afternoon Session Analysis     AUD surrenders as rate cut imminent. Australian dollar extended its losses although recent economic data from the region fared better-than-expected. According to Australian Bureau of...

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190919 Morning Session Analysis

19 September 2019                           Morning Session Analysis     Fed remains hawkish, but for how long? Greenback rebounds from its prior low level subsequent to Federal Reserve interest rate decision earlier this morning. As widely expected, Fed has cut its...

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180919 Afternoon Session Analysis

18 September 2019                           Afternoon Session Analysis     NZD/USD slump due to poor domestic data. NZD/USD slump after a poor result of New Zealand Westpac Consumer Survey was released. The Westpac Consumer survey measures the change in the level of...

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180919 Morning Session Analysis

18 September 2019                           Morning Session Analysis   Greenback trim gains, eyes on FOMC Meeting. Greenback trims its gains on yesterday while market participants anticipates the release of interest rate decision from the Federal Reserve. As of...

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170919 Afternoon Session Analysis

17 September 2019                           Afternoon Session Analysis     Japanese Yen surged due to risk aversion. Japanese Yen appreciated against the U.S. dollar as geopolitical tensions escalated in the Middle East after the drone attacked on two major oil...

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170919 Morning Session Analysis

17 September 2019                           Morning Session Analysis   Greenback gains status as safe-haven asset. US dollar recovered its losses on yesterday following its status as an alternative safe-haven asset. As of writing, the dollar index was quoted up 0.04%...

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130919 Afternoon Session Analysis

13 September 2019                           Afternoon Session Analysis     Pound Sterling surged over probability of Brexit Delay. GBP/USD surged on the report that shown the European Union is likely to grant a third Brexit extension in October to avoid a no-deal...

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130919 Morning Session Analysis

13 September 2019                           Morning Session Analysis   Greenback retreats amid trade truce report confusion. Dollar index have retreat from highs on after a report on trade truce between the U.S and China denied by the White House. According to recent...

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120919 Afternoon Session Analysis

12 September 2019                           Afternoon Session Analysis     Euro slumped, eyes on ECB. EUR/USD slump in during Asian trading session while investors focus upon European Central Banks’ (ECB) monetary policy later tonight. Weak economy outcome and a...

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120919 Morning Session Analysis

12 September 2019                           Morning Session Analysis   Greenback cheers on positive PPI data. Dollar index have climbed against its basket of six major rival pairs following the positive release of PPI data. According to the latest data from U.S Labor...

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110919 Afternoon Session Analysis

11 September 2019                           Afternoon Session Analysis     USDCAD threads lower over positive Canadian data. USDCAD thread lower over the backdrop of positive result for the Canada Housing data which have shown on Tuesday. According to Canada Mortgage...

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110919 Morning Session Analysis

11 September 2019                           Morning Session Analysis   Dollar slips following declining job openings. Dollar index have fell against its basket of six major currency rivals as job openings in the U.S have fell for the second-straight month. According...

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100919 Afternoon Session Analysis

10 September 2019                           Afternoon Session Analysis     Aussie tumble after poor data released. AUD/USD tumble from the session high after dismal Australia Business Confident Index and China Producer price Index (PPI) was released. A weak Producer...

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