GCM Asia – Market Analysis

151119 Afternoon Session Analysis

15 November 2019                            Afternoon Session Analysis   Safe-haven Yen fell on market risk recovery. The Japanese Yen which traded against the greenback have fell during late Asian session on Friday as the risk-recovery on renewed optimism surrounding...

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151119 Morning Session Analysis

15 November 2019                           Morning Session Analysis Greenback slumped, eyed on trade war. The dollar index which gauge its value against a basket of six major currencies plunged amid hope upon the resolution of trade war faded. According to Financial...

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141119 Afternoon Session Analysis

14 November 2019                           Afternoon Session Analysis Yen surged as trade tension escalated. Japanese Yen surged as ongoing uncertainty which surround the current trade negotiation have sparkled the demand for the safe-haven asset such as Japanese Yen....

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141119 Morning Session Analysis

14 November 2019                            Morning Session Analysis   Monetary policy unchanged while eyeing on more data.   Dollar index which gauge its value against a basket of six major currencies depreciate slightly amid Jerome Powell downbeat comment regarding...

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131119 Afternoon Session Analysis

13 November 2019                            Afternoon Session Analysis   Kiwi surged amid interest rate decision The New Zealand dollar skyrocketed 1% on early Wednesday following the Reserve Bank of New Zealand bank maintained its Official Cash Rate (OCR) at 1.0%....

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131119 Morning Session Analysis

13 November 2019                           Morning Session Analysis   Sterling slumped after job’s data disappoints. Pound sterling extended its losses on yesterday over the backdrop of bleak economic data from the United Kingdom. According to Office for National...

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121119 Afternoon Session Analysis

12 November 2019                            Afternoon Session Analysis   USD/JPY remains in bid despite trade concern. The Japanese Yen which traded against the dollar have fell during late Asian session as trade progress between U.S and China and political unrest in...

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121119 Morning Session Analysis

12 November 2019                           Morning Session Analysis Pound sterling rebounds over positive developments. Pound Sterling extended gains after Brexit Party claimed that they would not contest previously Conservative held seats in the UK’s upcoming...

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111119 Weekly Analysis

11 November 2019                Weekly Analysis GCMAsia Weekly Report: November 11 – 15 Market Review (Forex): November 4 - 8 US Dollar The dollar index which is measured against a basket of six major currency pairs surged last week while closing last Friday market at...

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111119 Afternoon Session Analysis

11 November 2019                            Afternoon Session Analysis   Dollar held gains as market await more clarity. The dollar index which measured against a basket of six major currency pairs continue to hold its ground during late Asian session while investors...

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111119 Morning Session Analysis

11 November 2019                           Morning Session Analysis   Trump spurs higher uncertainty in the market. US dollar extended its gains last Friday, touching three-week high against other major currencies following higher risk appetite for higher yielding...

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081119 Afternoon Session Analysis

08 November 2019                           Afternoon Session Analysis Probability of further rate cut declined.   Dollar index which gauge its value against a basket of six major currencies eked out its previous losses, rose back to three weeks high level. Recent good...

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081119 Morning Session Analysis

8 November 2019                           Morning Session Analysis   Dollar inches up on trade deal progress. U.S dollar which traded against a basket of six major currency rivals have edge higher on early Asian session as market continue to cheer on progress of trade...

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071119 Afternoon Session Analysis

7 November 2019                              Afternoon Session Analysis Brexit deadlock remain while market eyes on BoE policy. Pound sterling retraced from its two weeks high level as market lingering with doubts about the Bank of England (BoE) respond toward the...

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071119 Morning Session Analysis

7 November 2019                              Morning Session Analysis   Canadian dollar slumps as data disappoints. Canadian dollar extended its losses following the release of bearish economic data from yesterday. According to Ivey, its PMI reading which gauge...

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