News
GIC provides the latest news about forex and commodities which influence market movements.
Finally Profitable! Australian Dollar Climaxes Today, USD Weakens

Today’s Australian Dollar exchange rate - The Australian Dollar (AUD) has risen for four consecutive days at the start of this week, driven by the release of U.S. Producer Price Index (PPI) data
XAUUSD Today: February 16, 2024 - Intraday Direction Leaves Gold ...

Here is the XAUUSD update for February 16, 2024. Gold prices (XAU/USD) remain in a narrow range above $2,000 ahead of the European session, pressured by a stronger US dollar and expectations of a Fede
Japanese Yen Fluctuates, Traders Tremble! Intervention on the Hor...

The supply of the Japanese Yen (JPY) increased during the Asia session last Friday, halting its recovery from this year's lows against the US Dollar (USD) earlier this week. Bullish conditions in the
Waiting for UK Retail Data, 1 Pound Sterling Struggles to Break 1...

1 Pound Sterling - The GBP/USD pair continues to struggle to find support above the 1.2600 level and is facing selling pressure during Friday's Asian session. Currently, the spot price is around 1.258
XAUUSD Today: February 15, 2024 - Gold Price Stuck in Interest Ra...

Here is an update on XAUUSD news today, February 15, 2024. Gold prices (XAU/USD) remained sideways below $2,000 ahead of Thursday's European session, near the previous two-month low. Bearish sentiment
USDJPY Forecast Today Smooth, US Inflation Projection Heats Up!

The USD/JPY forecast continues to strengthen, approaching the 149.50 level during the Asian trading session. The Japanese Yen (JPY) weakened against the US Dollar (USD) amid market concerns about inte
US Consumer Price Index for January Causes a Stir, Euro Traders P...

Inflation information from the United States Consumer Price Index (CPI), which has a high impact for the month of January, will be released by the Bureau of Labor Statistics (BLS) on Tuesday at 13:30
XAUUSD Today: February 12, 2024 - Gold Remains 'Low Profile' Befo...

Here is the update on XAUUSD news today, February 12, 2024. The price of gold (XAU/USD) continues to remain in a consolidative range ahead of the European session on Monday, approaching the monthly lo
XAUUSD Today: February 9, 2024 - Gold Traders Brace for US Inflat...

Here is the XAUUSD news update for today, February 9, 2024. The price of gold (XAU/USD) remained stable throughout the first half of the European session on Friday, as traders were hesitant amid uncer
XAUUSD Today: February 7, 2024 - Relief! Gold Finally Spreads Its...

Here is the update on XAUUSD news today, February 7, 2024. The price of gold (XAU/USD) is stagnant in a narrow trading range at the beginning of the European session on Wednesday, struggling to follow
XAUUSD Today: February 6, 2024 - Gold Prices Plummet, Investors L...

Here is the news update for XAUUSD today, February 6, 2024. Gold prices (XAU/USD) fluctuated within a narrow trading range during the Asian session on Tuesday, consolidating recent declines to the one
Australia's Central Bank: Investors Drawn to RBA's Shift in Tone

The Reserve Bank of Australia (RBA) will announce its monetary policy on Tuesday and is expected to keep the Official Cash Rate (OCR) at a 12-year high of 4.35%. In 2024, the RBA reduced the number o