Last: Analysis
GIC always provides forex market analysis every day for daily analysis and once a week for weekly analysis specifically for GIC traders.
Higher Interest Rates Weigh on the Pound Sterling
Haryanto
Tue, 25 Jul 2023
Jakarta, GIC Trade – The pound sterling remains under pressure amid a cautious atmosphere, struggling to rise around 1.28000 during Tuesday's trading session. The pressure on the pound
A number of central banks raise interest rates further, gold is u...
Haryanto
Mon, 10 Jul 2023
Jakarta, GIC Trade – Gold prices were little changed around $1920 an ounce on Monday, as investors weighed the prospect of further monetary tightening against concerns about a global econom
Daily Technical Analysis: July 7, 2023 – ADP Rises Exceeds Expe...
Haryanto
Fri, 07 Jul 2023
The following is a daily technical analysis, July 7, 2023. The data and analysis contained in this newsletter can be used on a wide scale for your trading. However, it is important to note that GICTra
Production Cut, WTI Oil Prices Fly
Haryanto
Thu, 06 Jul 2023
Jakarta, GIC Trade – WTI crude futures held near $72 a barrel on Thursday after surging nearly 3% in the previous session, supported by supply cuts from major oil producers and a large drop
Technical Daily Analysis: July 4, 2023 – Mixed Sentiment, US Do...
Haryanto
Tue, 04 Jul 2023
The following is a technical daily analysis, July 4, 2023. The data and analysis contained in this newsletter can be used on a wide scale for your trading. However, it is important to note that GICTra
UK recession worries, sterling plunges
Haryanto
Wed, 28 Jun 2023
Jakarta, GIC Trade – The pound remained pressured amid market caution ahead of a keynote speech from BoE leaders, the Fed. Gilt/UK two-year bonds surged to a 15-year high, the market placin
RBA Determined to Suppress Inflation, Aussie Gets a Fresh Wind
Haryanto
Fri, 09 Jun 2023
Jakarta, GIC Trade – The Australian dollar appreciated to around $0.67, reaching its strongest level in four weeks after the Reserve Bank of Australia raised interest rates again. &nb
ECB Monetary Policy Further, Euro Potentially Rises
Haryanto
Thu, 08 Jun 2023
Jakarta, GIC Trade – The euro traded around $1.07, remaining near a two-month low of $1.0633 touched on May 31, as investors weighed easing inflationary pressures in the eurozone again
Production Cut, Oil Prices Jump 4.6 Percent
Haryanto
Mon, 05 Jun 2023
Jakarta, GIC Trade – WTI crude futures jumped as much as 4.6% to about $75 a barrel on Monday before cutting gains to trade below $74, after Saudi Arabia pledged to cut production by 1 mill
US Interest Rate Expectations Are Higher, Gold Weighs On
Haryanto
Wed, 31 May 2023
Jakarta, GIC Trade – Gold was steady around $1,960 an ounce on Wednesday but was still set to end the month lower, weighed down by hawkish U.S. Federal Reserve expectations and news that a
OPEC to Cut Production, Oil Prices Soar
Haryanto
Wed, 24 May 2023
Jakarta, GIC Trade – WTI crude futures surged above $74 a barrel on Wednesday, rising for a third straight session to their highest level in three weeks, as warnings from the Saudi energy m
US Debt Ceiling Concerns Push Gold Prices Up
Haryanto
Mon, 22 May 2023
Jakarta, GIC Trade – Gold prices edged higher on Monday as protracted discussions around the U.S. debt ceiling and less hawkish comments from Federal Reserve Chairman Jerome Powell added to
