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GIC provides the latest news about forex and commodities which influence market movements.
Famous Crypto Bank Set to Shut Down? Here's Why!
Haryanto
Wed, 08 Mar 2023
US-based crypto bank Silvergate Capital is reportedly struggling to avoid a possible shutdown by US regulators. On March 7, 2023, officials from the Federal Deposit Insurance Corporation (FDIC), an
US Dollar Surges in Three Months Following Powell's Hawkish Stanc...
The U.S. dollar surged on Wednesday, hitting a three-month peak as Jerome Powell surprised investors by warning that interest rates may have to rise faster and higher than expected to control inflatio
Bad News! Oil Prices Plunge on Weak China Import Data
Haryanto
Wed, 08 Mar 2023
Oil Prices Continue to Weaken on Stronger U.S. Dollar, Contraction in China Imports and Exports Global oil prices declined after five days of steady gains on a stronger U.S. dollar and weak
USD CAD today in sideways auction for Asian session
USD CAD today shows sideways auction above resistance level near 1.3600 in Asia session. Loonie asset has turned sideways ahead of Jerome Powell testimony and weak oil prices. Today's forex news we su
Oil Prices Soar Today Awaiting China's Trade Data
Oil prices surged to multi-week highs on Tuesday as markets awaited trade data from China to gauge the strength of crude demand in the country, although anticipation of Fed Chair Jerome Powell's testi
Powell's Policy Outlook Amid Market Guessing
Haryanto
Tue, 07 Mar 2023
Gold prices have corrected from their highest level in the last two weeks at $1,858. Although the US dollar continues to decline, gold prices seem to be losing momentum amid positive sentiment. &nb
USD/JPY Below 136.00, BoJ Governor Kuroda in Spotlight
USDJPY today fell around 135.80 as it reversed a rebound from daily lows amid a sluggish start to the first week. The cautious mood of Yen traders ahead of the BoJ monetary policy meeting and the Fed
Oil Prices Rise After UAE Drops OPEC Exit Plan
Haryanto
Mon, 06 Mar 2023
Global oil prices have recovered after an earlier slump caused by incorrect media reports that the United Arab Emirates would leave the Organization of Petroleum Exporting Countries (OPEC). However, a
US Stock Futures Down 0.1% At Week's Start
U.S. stock futures traded slightly lower during overnight trading on Sunday, after major benchmark averages finished the week in positive territory as growth stocks outperformed while long-dated Treas
GBP/USD Prints Mild Losses Around 1.2020-35
Forex news today GBP USD is reported to have recorded a slight decline around 1.2030-35 since Monday morning, consolidating with the first weekly gain in three amid a cautious market mood ahead of key
Today's stock news: US stock futures plunge
Stock news today - U.S. stock futures moved lower during Thursday evening trading after major benchmark indexes posted a positive session on investor optimism about a pause in aggressive interest rate
Forex today: USD/JPY Bearish Around 136.50
USD JPY today received offers to extend its pullback from the highest peak so far this year (YTD), marked the previous day. Based on information we summarized from fxstreet.com, the Yen pair refreshed
