News
GIC provides the latest news about forex and commodities which influence market movements.
January NFP Forex Update: Strong US NFP Challenges Rate Cut Prosp...

NFP Forex - The highly anticipated Nonfarm Payrolls (NFP) data from the United States will be released on Friday at 13:30 GMT (21:30 WIB). The US employment report will be presented by the Bureau of
XAUUSD Today: February 2, 2024 - Peak Rise, US NFP as the Decider

Here’s the update on XAUUSD news today, February 2, 2024. The price of gold (XAU/USD) is stagnant in the European session this Friday, hovering below the one-month high of around $2,065. Intensi
AUD Dollar Shines Today! Sets New Record After Rebound

The AUD Dollar continues to rise today after recovering from a three-month low of 0.6508 on Thursday. The US Dollar (USD) is experiencing negative pressure due to mixed economic data from the United S
XAUUSD Today: February 1, 2024 - USD Attack vs Gold Price Defense

Here is the XAUUSD news update for today, February 1, 2024. Gold prices (XAU/USD) have seen buying for four consecutive days on Thursday, although they have not yet reached the two-week high of around
NZD Exchange Rate Strengthens Again After Positive PMI Data from ...

NZD Exchange Rate - The NZD/USD currency pair attracted some buyers during the Asian session on Thursday and currently appears to have halted the decline from the 0.6175 level, which was a two-week hi
Japanese Yen Today Stuck Near Lowest Level Against US Dollar

Japanese Yen (JPY) attracted sellers after experiencing an intraday rise on Wednesday and remains cautious against the US dollar ahead of the European session. Today's economic data from Japan, includ
XAUUSD Today: January 26, 2024 - Gold Prices Struggle to Find Buy...

Here is the XAUUSD news update for today, January 26, 2024. Gold prices (XAU/USD) rose for the second consecutive day on Friday, although trading remained below $2,025 during the Asian session. Strong
XAUUSD Today: January 25, 2024 - USD Weakens, Gold Sees Modest Ga...

Here is the update on XAUUSD news for today, January 25, 2024. The price of gold (XAU/USD) remains positive ahead of the European session today, seemingly halting its previous decline in the supply zo
Australian Dollar Struggles as US GDP Takes Center Stage!

The Australian Dollar (AUD) weakened for the second consecutive day on Thursday after positive S&P PMI data from the US was released on Wednesday, pushing the AUD/USD pair lower. The optimistic da
XAUUSD Today: January 23, 2024 - Gold Maintains Intraday Gains

Here is the XAUUSD news update for today, January 23, 2024. Gold prices (XAU/USD) rose on Tuesday, approaching the previous high of $2,030. Conflicts in the Middle East and concerns about China's econ
BoJ Stays Silent, Japanese Yen Buyers Fail to Appear, Shocking th...

The Japanese Yen (JPY) struggled to capitalize on its moderate intraday gains against the US Dollar (USD) on Monday and remained close to the lowest level since November 28, which was reached
XAUUSD Today: January 22, 2024 - Rate Hike Delayed, Gold Prices S...

Here’s the update on XAUUSD today, January 22, 2024. Gold prices (XAU/USD) weakened at the start of the week after hitting a one-month low. Positive U.S. economic data and hawkish comments from