GCM Asia – Market Analysis

190819 Weekly Analysis

19 August 2019                      Weekly Analysis   GCMAsia Weekly Report: August 19 – 23 Market Review (Forex): August 12 - 16 US Dollar Dollar index was dominant last week while closing last Friday market session at 98.00 as mostly positive economic data help the...

read more

190819 Afternoon Session Analysis

19 August 2019                  Afternoon Session Analysis     Trade tensions further pressure FX market. Last week, market cheered on positive developments in trade talks after US President Donald Trump delayed additional 10% tariffs on Chinese goods. After a phone...

read more

190819 Morning Session Analysis

19 August 2019                  Morning Session Analysis   US economy loses its steam? Greenback was traded flat on Monday following growing fears of recession after US Treasury Yield curve inverted while coupled with bearish data from last Friday. As of writing, the...

read more

160819 Afternoon Session Analysis

16 August 2019                  Afternoon Session Analysis   NZD slumps as businesses dwindle. New Zealand dollar received some bearish pressure following the release of economic data from the region this morning. For the month of July, Business NZ Purchasing Manager...

read more

160819 Morning Session Analysis

16 August 2019                  Morning Session Analysis     Greenback revived as positive economic data. Dollar index which gauge its value against a basket of six major currencies rose amid release of a batch of upbeat economic data from US region tempered the...

read more

150819 Afternoon Session Analysis

15 August 2019                  Afternoon Session Analysis   Recession coming soon? Japanese yen held onto its gains during Asian trading session following fears of possible recession in the near future. Market sentiment remains fragile following disappointing...

read more

150819 Morning Session Analysis

15 August 2019                  Morning Session Analysis     Trump accuses Federal Reserve again? Dollar index which gauge its value against a basket of six major currencies sink amid US President Donald Trump aggressive comment on Federal Reserve which caused...

read more

140819 Afternoon Session Analysis

14 August 2019                  Afternoon Session Analysis   Market remains skeptical over Trump’s concession. Japanese yen continues to receive higher demand in the financial market as traders remained skeptical over US President Donald Trump’s decision to delay...

read more

140819 Morning Session Analysis

14 August 2019                  Morning Session Analysis   Dollar strengthened amid positive CPI, safe haven plunges. Greenback received strong bullish momentum after the release of US Core CPI which exceeded economists’ expectation. According to US Bureau of Labor...

read more

130819 Afternoon Session Analysis

13 August 2019                  Afternoon Session Analysis   Yen triumphs as risk aversion persists. Japanese yen still receive higher demand in the FX market following higher risk aversion around the globe. The currency received fresh boost from deepening civil...

read more

130819 Morning Session Analysis

13 August 2019                  Morning Session Analysis     Forex market stumbled ahead series of economic data. Dollar index which gauge its value against a basket of six major currencies dipped while market are await for more economic data such as tonight Core CPI...

read more

120819 Afternoon Session Analysis

12 August 2019                  Afternoon Session Analysis   Trade war may drag longer? Japanese yen remains well in bid during Asian trading session as US-China trade dispute might drag on without any settlements in between both parties. Confusion still lingers in...

read more

120819 Weekly Analysis

12 August 2019                      Weekly Analysis     GCMAsia Weekly Report: August 12 – August 16   Market Review (Forex): August 5 – 9 US Dollar Greenback was traded lower throughout the entire last week amid downbeat data from the market and escalation of trade...

read more

120819 Morning Session Analysis

12 August 2019                  Morning Session Analysis     PPI failed to provide support for dollar. Last Friday, dollar failed to extend its gains after US release of its Producer Price Index (PPI) data. According to the US Bureau of Labor Statistics, its PPI data...

read more

090819 Afternoon Session Analaysis

9 August 2019                     Afternoon Session Analysis     Dollar remains pressured amid renewed jitters on Huawei. Dollar index which measured against a basket of six major currency pairs have fell as U.S plans to delay decision on U.S companies conducting...

read more