News
GIC provides the latest news about forex and commodities which influence market movements.
AUD Exchange Rate Today: Australian Dollar Strengthens Amid USD S...

AUD Exchange Rate Today - The Australian Dollar (AUD) is around 0.6600 on Monday, influenced by market uncertainty regarding actions against Iran-backed Houthi terrorists in Yemen. The AUD/USD pair ha
XAUUSD Today: January 17, 2024 - Gold Prices Plummet, Buyers Unde...

Here’s the XAUUSD news update for today, January 17, 2024. Gold prices (XAU/USD) have dropped to their lowest level of the week on Wednesday, although they managed to bounce back from the 50-day
UK CPI Data Soars to 4.0%, Exceeding Predictions at Year-End

UK CPI data increased year-on-year by 4.0% in December, up from the 3.9% recorded in November, as announced by the Office for National Statistics (ONS) on Wednesday. The previous market consensus proj
Australian Dollar in Negative Trend! US-China Data War in Focus

The Australian Dollar (AUD) continued its decline on Tuesday, starting from January 11. The AUD/USD pair faced downward pressure after January’s Westpac Consumer Confidence data showed a contrac
US CPI Data Surges in December, Inflation Exceeds 3%

The Bureau of Labor Statistics (BLS) will release the US CPI data for December on Thursday at 13:30 GMT (21:30 WIB). The high impact of this inflation data could change market views regarding the poss
XAUUSD Today: January 11, 2024 - Limited Rise Blocked by US CPI

Here is the XAUUSD news update for today, January 11, 2024. Gold prices (XAU/USD) showed a positive increase on Thursday, although they remain below the $2,040-2,042 supply zone. This occurs ahead of
Central Bank Speech Shakes Forex Market Today, Is There an Opport...

Here is a summary of today's forex market information for Wednesday, January 10, 2024. The US dollar strengthened against other currencies on Tuesday ahead of the highly anticipated inflation data on
Profit Not Yet Visible! Japanese Yen Retreats Again Today

The Japanese Yen (JPY) weakened again against the U.S. Dollar for the second consecutive time, pushing the USD/JPY pair close to 144.80, nearing the weekly high during the Asian session on Wednesday.
U.S. Dollar Weakens, New Zealand Dollar Remains Stagnant

The New Zealand Dollar remains stable around $0.624 after experiencing recent volatility, as the U.S. Dollar weakens due to expectations of interest rate cuts by the Federal Reserve this year.
XAUUSD Today: January 9, 2024 - Fed Stops Gold Investor Expectati...

Here’s the update on XAUUSD today, January 9, 2024. Gold prices (XAU/USD) recovered from a three-week low around $2,017-$2,016 on Tuesday. A decrease in U.S. consumer inflation expectations has
Japanese Yen Today: USD Dominates, Yen Struggles to Rise Intraday

Japanese Yen Today - The Japanese Yen (JPY) attracted interest as a safe haven at the beginning of this week, bringing the USD/JPY pair down from a three-week high around 146.00. Economic turmoil in C
XAUUSD Today: January 8, 2024 - Gold Prices Cause Panic Among Inv...

Here is the XAUUSD news update for today, January 8, 2024. Gold prices (XAU/USD) have recovered about $40 from a two-week low following better-than-expected monthly employment data on Friday.