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GIC provides the latest news about forex and commodities which influence market movements.

Japanese Yen Soars! Traders Poised for Big Gains

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Witriyani Wed, 06 Sep 2023

The Japanese Yen has drawn sellers in intraday trading around the 147.80 level, marking a new high since November 2022, achieved this Tuesday. Currently, the upward trend appears to have paused after

Dollar Stable Today, Aussie Slips Ahead of RBA Decision

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Witriyani Tue, 05 Sep 2023

The dollar today strengthens while the Aussie experiences light pressure as market participants monitor the Reserve Bank of Australia's interest rate decision, hoping that rates may have peaked. &nbs

New Zealand Dollar Hits New Record Against USD at 0.59!

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Witriyani Mon, 04 Sep 2023

New Zealand Exchange Rate - The NZD/USD currency pair attracted new buyers early this week, halting Friday's decline from 0.6015, the highest level since August 11. The spot price during the Asia

Yen Price Plummets to 145! Trading Opportunity or Focus on U.S. N...

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Witriyani Fri, 01 Sep 2023

The yen's price against the U.S. dollar (USD/JPY) reached a new weekly low during the Asian session on Friday, although it managed to strengthen a few points within the last hour and is currently trad

Why Did the Australian Dollar Go from Rising to Falling? Here’s...

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Witriyani Thu, 31 Aug 2023

The Australian Dollar against the USD (AUD/USD) experienced an increase after declining in the previous trading session. At the time of writing, during the Asian session on Thursday, this currency pai

Euro to USD trades lower today around 1.0870!

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Witriyani Wed, 30 Aug 2023

Euro to USD News - The EUR/USD currency pair movement halted after a two-day increase. In the Asian trading session on Wednesday, this pair traded around 1.0870. Nonetheless, the EUR/USD exchange rate

Japanese Yen Today Plummets: Inflation or BoJ Concerns?

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Witriyani Tue, 29 Aug 2023

Japanese Yen Today - USD/JPY sellers flex strength around 146.40, marking the first intraday decline, down 0.10% today, ahead of the European session. Thus, the Yen pair justifies the recent bias

Futures, S&P 500 Yields Ready to Face U.S. Inflation!

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Witriyani Mon, 28 Aug 2023

Futures News - Risk appetite improved early Monday as market participants took comfort in China’s economic stimulus measures. They are also assessing last week’s market movements while awa

EUR/USD Analysis: Currency Pair Plummets, Traders Dominate Market...

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Witriyani Fri, 25 Aug 2023

The EUR/USD currency pair has experienced selling pressure for the second consecutive day on Friday, dropping to its lowest level since June 14 during the Asian trading session. The current spot excha

USD vs CAD Soars Amid Threat of Low Oil Prices

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Witriyani Thu, 24 Aug 2023

USD vs CAD - USD/CAD traders struggle to maintain control after the currency pair's directional shift yesterday, following a move from three-month highs. Nevertheless, the exchange rate remains u

AUD vs USD: U.S. Dollar Struggles, Aussie Nears 0.64 Peak!

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Witriyani Wed, 23 Aug 2023

AUD vs USD, Which Currency Is Superior for Trading? The AUD/USD currency pair shows interesting buying action after a decline from recent multi-day highs.   In Wednesday's Asian session, the sp

Rupiah Continues to Erode, BI Interest Rate Under Scrutiny

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Witriyani Tue, 22 Aug 2023

Rupiah News - The USD/IDR exchange rate continues to rise, approaching 15,325 as the European session begins today. Increased demand for the US dollar is driven by anticipation that the Fed wi

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