Forex News

Key information updates for profitable trading

Greenback is nearly intact against other majors
Greenback is nearly intact against other majors

On Friday, the evergreen buck was nearly intact versus other key currencies because geopolitical tensions re-emerged as well as market participants monitored the issue of American economic reports later in the day…

Yen is a bit stronger on flood of month-end data
Yen is a bit stronger on flood of month-end data

On Friday, in Asia the Japanese yen leapt moderately, following a storm of data pointed to rather a mixed picture with consumer inflation below expectations and surprisingly ascending retail sales…

Kiwi goes up on trade figures
Kiwi goes up on trade figures

On Friday, the New Zealand dollar managed to inch up during early Asia, with crucial data from Japan ahead expected to determine the overall regional tone…

Aussie and Kiwi ascend vs. greenback after Trump comments
Aussie and Kiwi ascend vs. greenback after Trump comments

On Thursday, the Australian along with New Zealand dollars edged up versus their American counterpart because market sentiment on the US dollar remained fragile after Donald Trump provided no specific details on his tax reform, thus disappointing traders…

Yen goes down
Yen goes down

On Thursday, the Japanese yen held weaker in Asia after the BOJ held steady just as expected and the White House hinted it won’t move to break up with the North American Free Trade Agreement as earlier reported, thus sending the Canadian and Mexican…

Greenback clings to revenues after Trump tax plan disappointment
Greenback clings to revenues after Trump tax plan disappointment

On Thursday, the evergreen buck clung to revenues versus the Japanese yen after Donald Trump's tax plan provided no fresh surprises, thus halting the greenback's soar, while the market waited for the ECB’s upcoming monetary policy verdict…

Aussie heads south
Aussie heads south

On Wednesday, the Australian dollar dipped in Asia because consumer prices data came in a tad weaker than expected…

Yen drops as risk sentiment recovers
Yen drops as risk sentiment recovers

On Wednesday, the Japanese yen declined, staying under pressure as risk sentiment improved and safe haven demand sagged, following the first round of the French presidential election…

Euro pauses after surge
Euro pauses after surge

On Tuesday, the common currency declined, catching its breath after a relief soar sparked by the first round outcome of the French election, while the Canadian dollar edged down on news of American duties on Canadian softwood lumber…

Greenback holds revenues in Asia after Paris shooting
Greenback holds revenues in Asia after Paris shooting

On Friday, the evergreen buck rose moderately in early Asia trade, reacting to a suspected terrorist shooting in Paris ahead of the first round of the presidential election at the weekend, which sent jitters through the financial markets, although the…

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