Forex News

Key information updates for profitable trading

British pound gets market's vote
British pound gets market's vote

On Wednesday, the British pound stole center stage in Asia amid rumors that the UK’s sudden decision to call a snap election could potentially deliver a more market-friendly outcome in its divorce from the EU…

Aussie goes down further after April minutes demonstrate caution
Aussie goes down further after April minutes demonstrate caution

On Tuesday, the Australian dollar dipped further in Asia, as the major bank issued minutes for the April gathering, which suggested caution on rate views and financial markets looked ahead to comments by American Vice President Mike Pence in Tokyo on…

Australian dollar gives up some early revenues after China GDP
Australian dollar gives up some early revenues after China GDP

On Monday, the Australian dollar gave up some early revenues as China’s GDP came in better than expected a for the first quarter and the greenback sagged on a trade-weighted basis as American Vice President Mike Pence headed to the ceasefire line on…

Greenback is set for weekly losses
Greenback is set for weekly losses

On Friday, the US dollar nursed losses, staying on track for a losing week because geopolitical tensions backed the perceived safe-haven Japanese currency…

Aussie leaps on jobs data
Aussie leaps on jobs data

On Thursday, the Australian dollar leapt on a soar in new jobs because initial Yuan-denominated trade data out of China turned to be a key driver of the currency as a number one trading partner…

Yen stands still in Asia on Japan core machinery orders
Yen stands still in Asia on Japan core machinery orders

On Wednesday, the Japanese yen gained modestly in early Asia because data on machinery orders backed market sentiment, while demand was supported by safe-haven buying linked to surging tensions on the Korean peninsula…

Yen holds revenues against greenback in Asia
Yen holds revenues against greenback in Asia

On Tuesday, the US dollar held weaker against the Japanese yen in Asia, with remarks from the Fed chief, which suggested rate lifts were probably sooner rather than later failing to raise the US dollar as well as political risk backing yen safe-have…

Greenback is at 3-week peaks
Greenback is at 3-week peaks

On Monday, the greenback started the week at three-week peaks against a currency basket, after a major Fed reinforced the major bank's commitment to keep lifting interest rates…

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