Forex News

Key information updates for profitable trading

Greenback steadies after data-driven soar
Greenback steadies after data-driven soar

On Tuesday, the evergreen buck stabilized after soaring on positive American data, which brought Treasury yields to seven-week peaks, while the focus shifted to the Reserve Bank of Australia's policy verdict to see if it would join a surging list of key…

GBP/USD goes down, while keeping to 6-week high
GBP/USD goes down, while keeping to 6-week high

On Friday, the British pound went down versus the American dollar, though it was still keeping to a six-week peak after British economic surge data turned to be in line with expectations and also amid hopes for tighter monetary policy in Great Britain…

Greenback keeps tumbling on hawkish major banks
Greenback keeps tumbling on hawkish major banks

On Friday, the evergreen buck kept going down because key banks indicated that the epoch of cheap money was approaching its end in a boon to the euro, the Canadian dollar and the British pound while Asian shares were affected by dismal performances of EU…

Aussie and Kiwi ascend versus broadly weaker US dollar
Aussie and Kiwi ascend versus broadly weaker US dollar

On Thursday, the Australian and New Zealand dollars rallied because market sentiment on the greenback was still vulnerable amid American political worries and after positive New Zealand business confidence data…

Euro is underpinned by Draghi
Euro is underpinned by Draghi

On Wednesday, the common currency kept to a 10-month peak after ECB chief hinted the days of the bank’s quite aggressive stimulus are numbered…

Euro reaches session peaks on hawkish Draghi remarks
Euro reaches session peaks on hawkish Draghi remarks

On Tuesday, the common currency edged up to the day’s peaks after European Central Bank President Mario Draghi told that there’re quite clear signs of a broadening and strengthening revival underway in the euro zone area…

Greenback firms versus yen as traders wait for Yellen speech
Greenback firms versus yen as traders wait for Yellen speech

On Tuesday, the US currency stood tall, moving to a one-month peak versus the Japanese yen as market participants waited to see if Fed Chair Janet Yellen would stick to her upbeat economic outlook at an event later in the world session…

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