News
GIC provides the latest news about forex and commodities which influence market movements.
XAUUSD Today: December 13, 2023 - Gold Prices Plunge!

Here is the update on XAUUSD news today, December 13, 2023. Gold prices (XAU/USD) continue to face selling pressure for four consecutive days until Tuesday, reaching a three-week low around $1,974 ahe
XAUUSD Today: December 12, 2023 - Gold Prices Await US CPI

Here’s the XAUUSD news update for today, December 12, 2023. Gold prices (XAU/USD) increased on Tuesday, reversing previous declines to the range of $1,976-$1,975, which marks a three-week low. A
US CPI: November Inflation Forecasted Lower, Profit Chances Slim?

The Consumer Price Index (CPI) inflation data for November will soon be released by the Bureau of Labor Statistics (BLS) at 13:30 GMT (21:30 WIB). Inflation is expected to weaken, reinforcing the view
AUD Strength Outperforms USD, Profit Opportunity for Traders Toda...

The AUD strengthened today after a volatile previous session. The ANZ-Roy Morgan Australian Consumer Confidence Survey rose to 80.8 from 76.4 the previous week, aligning with the Reserve Bank of Austr
XAUUSD Today: December 8, 2023 - Traders Anticipate US NFP

Here’s the XAUUSD news update for today, December 8, 2023. Gold prices (XAU/USD) have remained stagnant for four consecutive days, staying within a range during Friday's European session. Trader
NFP Today: Data Surges to 180K for November

Today's NFP data, which significantly impacts the United States (US), will be announced by the Bureau of Labor Statistics (BLS) on Friday at 13:30 GMT (21:30 WIB). What is anticipated in the
WTI oil traders rebound as prices surpass $70.00.

U.S. benchmark crude oil, or WTI, traded around $70.85 last Friday. WTI prices rose after hitting a six-month low due to requests from Russia and Saudi Arabia to the Organization of the Petroleum Expo
XAUUSD Today: December 7, 2023 - Gold Buyers Take a Break! Latest...

Here is the XAUUSD news update for today, December 7, 2023. Gold prices (XAU/USD) are stagnant on Thursday, moving within the range of the last three days ahead of the European session. Although it st
Forex Analysis Today: High Demand, US Dollar Creates Market Jitte...

Forex Analysis Today - The US Dollar Index (USD) continues to rise on Wednesday, reaching its highest level in nearly three weeks above 104.00. Economic data from the US to be released on Thursday inc
XAUUSD Today: December 6, 2023 - Profiting Again, Global Gold Blo...

Here’s the update on XAUUSD for today, December 6, 2023. Gold prices have slightly increased to $2,020 early Wednesday, following the trading trend in Asia on Tuesday. Risk sentiment is not part
USD News Today: Traders Assess Interest Rates, Dollar Stalls

USD News Today - The Dollar approached a two-week high against several currencies on Wednesday, fueled by investors' evaluation of US economic data indicating a weakening labor market. They also antic
XAUUSD Today: December 5, 2023 - Fed & USD Dovish, Gold Soars

Here is the XAUUSD news update for today, December 5, 2023. The price of gold (XAU/USD) experienced a dramatic change on Monday, dropping nearly $125 after reaching an all-time high of around $2,144-2