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GIC provides the latest news about forex and commodities which influence market movements.
S&P 500 Stocks, Treasury Yields Under Pressure on US Debt Ceiling
On the market risk front, there are concerns among traders about the possibility of a US default and slowing economic growth ahead of key data or events. However, mixed US data in circulation supports
Today's World Gold Price Drops 0.2% to US$1,938 Per Ounce!
Global gold prices remained low near a two-month low on Tuesday as optimism over a US debt ceiling deal and lower expectations of a Fed rate hike in June dampened interest in gold investment. Today's
Swiss Franc Heads for Lows Near 0.9000, Hit by USD Decline
The Swiss Franc against the USD (USD/CHF) is holding steady at low levels around the mid-0.9000s on Monday morning in Europe. The Swiss Franc (CHF) currency pair is struggling to overcome the US Dolla
S&P 500 Stocks Down Slightly Around 4,150, Fading Corrective Rebo...
S&P 500 Stocks - Markets are experiencing high uncertainty on Friday morning regarding the expiration of the US debt limit, which is creating a gloomy mood. These concerns are affecting market sen
Euro News Today: EUR/USD Under Pressure at 1.0740 in Asia
Euro News Today - EUR/USD has hit a four-week low of 1.0740 during the Asian trading session. The major currency pair is experiencing significant selling pressure as the market mood remains cautious.
RBNZ Raises Interest Rates to 25 Bps, Negative Impact on Economy?
On Wednesday, the RBNZ decided to raise interest rates as expected. The RBNZ stated that interest rates remain high for a longer period of time given the still high inflation rate. Today's forex news
Pound Sterling Today Slips Below 1.2420
The pound sterling against the USD looks vulnerable above the immediate support level at 1.2420 in early European trading. The cable is struggling to maintain the level as investors await a speech fro
AUD/USD Today Drops 0.6645 Due to Mixed Macro Factors
The Australian dollar today fell intraday around 0.6645 after reversing early strength in the Asian session due to mixed macro factors and cautious sentiment ahead of this week's important data/events
Australian Rate Today Against US Dollar Drops 0.3%
The Australian currency today suffered a second straight weekly loss on Friday as investors changed their expectations for Australian interest rates. Meanwhile, the prospect of a rate hike in New Zeal
Asian Stocks Down, Struggling to Cheer Upbeat Japan GDP
Asia-Pacific stock markets on Wednesday morning showed mixed sentiment, with most tending to be gloomy. Although Japanese stocks showed an extraordinary performance and S&P500 Futures showed optim
Swiss Franc Rate Today Rebounds, Trades Near 0.8950
The Swiss Franc exchange rate today is still under pressure around the 0.8950 level and has experienced a small decline after experiencing an intraday increase for two days down until Tuesday morning.
Dollar Up For Today's Trading, Here's How Other Currencies Are Do...
The dollar rose to its highest level in five weeks against a basket of major currencies on Monday as the safe-haven currency benefited from domestic inflation concerns and global growth worries. The g
