Forex News

Key information updates for profitable trading

Greenback tumbles as American yields are still low
Greenback tumbles as American yields are still low

On Monday, the evergreen buck went down against its key peers, losing traction as American Treasury yields were still low amid fading hopes that the Fed will raise interest rates again later in 2017…

EUR/USD soars on mixed EZ data
EUR/USD soars on mixed EZ data

On Friday, the common currency went up versus its American counterpart, following the publication of mixed euro zone economic reports because demand for the American currency remained vulnerable enough, following the previous session’s dismal American…

Kiwi inches up after RBNZ holds
Kiwi inches up after RBNZ holds

On Thursday, the New Zealand dollar jumped versus its American counterpart, after the Reserve Bank of New Zealand didn’t change its interest rates…

Greenback is intact
Greenback is intact

On Wednesday, the evergreen buck was intact versus the other key currencies because market participants were monitoring the publication of American housing sector data, following comments by Federal Reserve officials that generated uncertainty over…

Aussie and Kiwi move down vs. greenback in late trade
Aussie and Kiwi move down vs. greenback in late trade

On Wednesday, the Australian and New Zealand dollars slumped because comments by Fed officials kept backing the US dollar and traders were waiting for the Reserve Bank of New Zealand’s policy verdict due on Thursday…

Sterling is intact ahead of Brexit negotiations
Sterling is intact ahead of Brexit negotiations

On Monday, the British pound was intact ahead of the beginning of Brexit talks, with market participants also waiting for comments from a top Fed official to find out whether the greenback’s recent leap can be sustained or not…

Greenback is firm enough versus a basket of major currencies
Greenback is firm enough versus a basket of major currencies

On Monday, the evergreen buck steadied versus a basket of key currencies, having lost on soft American economic data, with market participants waiting for comments by a top Federal Reserve representative for clues on whether recent surge can be sustained…

Greenback dips ahead of fresh American data
Greenback dips ahead of fresh American data

On Friday, the American dollar went down versus other key currencies, drifting away from a recent two-week peak as market participants were preparing for a fresh storm of American data due later in the day, right after upbeat economic reports underpinned…

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