Forex News

Key information updates for profitable trading

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…

Greenback drifts away from recent minimums
Greenback drifts away from recent minimums

On Thursday, the evergreen buck caught its breath in Asia, staying above minimums reached earlier this week as market participants anxiously waited for this weekend's first round of presidential voting in France…

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…

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