News
GIC provides the latest news about forex and commodities which influence market movements.
XAUUSD Today: January 4, 2024 - After Uncertainty, Gold Shines Ag...

Here is the update on XAUUSD news today, January 4, 2023. Gold prices (XAU/USD) fell this week as U.S. Treasury bonds rose and the U.S. dollar strengthened. However, U.S. bond yields are starting to l
Middle East War Causes Panic, WTI Oil Prices Rise!

WTI oil prices rose to nearly $73.00 per barrel during the Asian session last Thursday due to tensions between Israel and Gaza and disruptions in Libyan oil fields. This increase was triggered by the
XAUUSD Today: January 2, 2024 - Gold Prices Retreat, USD Rises!

Here’s the XAUUSD news update for today, January 2, 2024. Gold prices (XAU/USD) have seen a positive increase at the beginning of the new year, recovering much of the decline over the past two t
Australian Dollar Price Today Weakens, US Dollar Gains Strength!

The Australian Dollar (AUD) price today remains stable around 0.6810 after recovering on Friday. The AUD/USD pair has seen a decline of 0.06% throughout 2023, continuing a three-year downward trend.
Today's Pound Sterling News: GBP Profit Falls, UK Inflation Under...

Today's Pound Sterling News - GBP experienced a sharp decline after the UK's Office for National Statistics (ONS) reported a significant drop in inflation in November. The GBP/USD currency pair s
XAUUSD Today: December 20, 2023 - Climax! Global Gold Prices Surg...

Here is the XAUUSD update for today, December 20, 2023. Gold prices (XAU/USD) are experiencing a bullish consolidation on Wednesday, trading within a narrow range below the previous weekly peak. Sever
Forex News: BoJ Silent, Traders Confused! CPI Data the Answer?

Here's the important information you need to know on Tuesday, December 19: Forex News - Following its final meeting of the year, the Bank of Japan (BoJ) announced on Tuesday morning that it made
Stagnant Euro to USD exchange rate as traders await HICP data

The Euro to US Dollar (EUR/USD) exchange rate aims to continue its gains for the second consecutive session, trading around 1.0920 during the Asian session on Tuesday. The anticipated Harmonized Consu
XAUUSD Today: December 19, 2023 - Fed Signals Cause Price Fluctua...

Here’s the update on XAUUSD today, December 19, 2023. Gold prices (XAU/USD) remain stagnant in a narrow range during the Asian session on Tuesday after a moderate rise earlier. Influential Feder
ECB Meeting: ECB Predicted to Maintain Interest Rates

At the October meeting, the ECB Meeting decided not to change interest rates after previously experiencing an increase of 450 basis points in less than two years. On Thursday, December 14, at 13:15 GM
XAUUSD Today: December 14, 2023 - Gold Set to 'Soar' After Stabil...

Here’s the update on XAUUSD today, December 14, 2023. The price of gold (XAU/USD) continues its strong recovery from around the 50-day Simple Moving Average (SMA) near $1,973, which marks a thre
USD CAD Today: Oil Plummets, Currency Pair Follows Suit

The USD CAD currency pair is struggling today to continue its two-day strengthening, although the US Dollar (USD) remains in positive territory. The significant decline in crude oil prices puts additi