News
GIC provides the latest news about forex and commodities which influence market movements.
Japanese Yen Soars! Traders Poised for Big Gains

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

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!

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...

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...

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!

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?

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!

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...

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

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!

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

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