Forex News

Key information updates for profitable trading

Aussie reaches one month peak following better than seen Q1 GDP
Aussie reaches one month peak following better than seen Q1 GDP

On Wednesday, the Australian dollar reached a one-month peak after better-than-expected first quarter surge figures, while market participants brace for a big day on Thursday with the ECB, testimony by sacked FBI chief James Comey as well as the UK…

Australian dollar soars as RBA holds just as expected
Australian dollar soars as RBA holds just as expected

On Tuesday, the Australian dollar revived in Asia right after the latest major bank rate review held steady, thus  shrugging off the current account because it dared to widen further than previously expected into deficit…

Greenback hits 6-week minimum against yen ahead of UK vote
Greenback hits 6-week minimum against yen ahead of UK vote

On Tuesday, the evergreen buck hit a six-week minimum versus the safe-haven yen because caution mounted ahead of Britain's upcoming election, another ECB meeting as well as ex-FBI Director James Comey's testimony to a Senate committee, and all of these…

Sterling holds weaker due to London attacks
Sterling holds weaker due to London attacks

On Monday, the British pound held weaker in Asia because financial markets digested a weekend attack in London, which murdered seven people after a van suddenly mowed down pedestrians on London Bridge, then attackers from the van fanned out and got down…

British pound declines on election fears
British pound declines on election fears

On Thursday, the British pound retreated, following concerns that Britain’s Prime Minister Theresa May could lose control of the country’s parliament in June 8 election…

Greenback gains some ground on American rate lift expectations
Greenback gains some ground on American rate lift expectations

On Wednesday, the evergreen buck soared versus other key currencies, underpinned by rising hopes for a June rate lift in America, and as traders turned their attention to a major American employment report, expected to emerge at the end of the week…

Pound shows 1-month lows amid British political jitters
Pound shows 1-month lows amid British political jitters

On Wednesday, the British pound sagged versus the greenback, re-approaching a one-month minimum after the publication of dismal British data and amid ascending political uncertainty in the United Kingdom ahead of the June 8 election…

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