Forex News

Key information updates for profitable trading

Greenback decreases ahead of American data
Greenback decreases ahead of American data

On Friday, the evergreen buck sank versus other key currencies because market participants eyed the publication of American economic reports later in the day and as the minutes of the Fed’s latest policy gathering kept weighing…

Sterling pares revenues on revised UK GDP
Sterling pares revenues on revised UK GDP

On Thursday, the British pound pared back revenues versus the evergreen buck after data disclosing that the UK’s economic surge during the first quarter turned to be weaker than previously estimated…

Evergreen buck stands still before Fed minutes
Evergreen buck stands still before Fed minutes

On Wednesday, the greenback was intact versus a basket of the other crucial currencies after backing away from nearly seven month minimums, while China’s Yuan dropped after the country’s credit rating was reduced…

Australian dollar edges down on China's dipping sovereign rating
Australian dollar edges down on China's dipping sovereign rating

On Wednesday, the Australian dollar tumbled because Moody's Investors Service dared to downgrade China's credit rating to from Aa3 to A1, changing its outlook from negative to stable, citing hopes that China's financial strength will erode in the nearer…

Pound tumbles vs yen
Pound tumbles vs yen

On Tuesday, the British pound sank versus the Japanese yen after a suspected terrorist attack at a concert in Manchester, while the common currency hovered close to a six-month peak versus the greenback after German Chancellor Angela Merkel told that the…

Bitcoin leaps to all-time peak above $2,100
Bitcoin leaps to all-time peak above $2,100

On Monday, bitcoin managed to clear the $2,100-level for the first time to reach a fresh record peak, as a monster soar is still actual amid bullish noises as for the future of the cryptocurrency…

Greenback adds in Asia as market shrugs off NKorea
Greenback adds in Asia as market shrugs off NKorea

On Monday, the evergreen buck gained a lot in Asia, with the market monitoring the progress of Donald Trump's first foreign visits as president with a bunch of deals signed in Saudi Arabia in the first stop…

Greenback re-approaches 6-month minimum
Greenback re-approaches 6-month minimum

On Friday, the US currency sank and re-approached a six-month minimum versus other key currencies because American political turmoil kept weighing on the US dollar, overshadowing the previous trading session’s positive American data…

Yen climbs up in Asia trade
Yen climbs up in Asia trade

On Friday, the Japanese yen leapt in Asia on safe-haven demand because political turmoil in Brazil reached risk sentiment and financial markets became cautious ahead of the weekend…

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