Forex News

Key information updates for profitable trading

New Zealand dollar is affected by jobs data
New Zealand dollar is affected by jobs data

On Wednesday, the New Zealand dollar headed south following dismal jobs data,which  heightened expectations that interest rates would be decreased, as traders awaited the end of the Fed’s two-day policy gathering…

Evergreen buck stabilizes ahead of Fed
Evergreen buck stabilizes ahead of Fed

On Wednesday, public holidays along with the approach of the Fed’s monetary policy statement are keeping a tight lid on foreign exchange movements, with the common currency holding on to most of its profits after a firmer-than-anticipated first quarter…

Evergreen buck goes down for the third day
Evergreen buck goes down for the third day

On Tuesday, the evergreen buck went down versus key counterparts, slumping for a third day in a row because signs of decelerating inflation cemented market hopes that the Fed will have its rates cut in 2019…

Will the FOMC meeting push the USD?
Will the FOMC meeting push the USD?

The Federal open market committee will release the monetary policy statement and announce the official rate on May 1, at 21:00 MT time.

Evergreen buck rallies to fresh peak
Evergreen buck rallies to fresh peak

The evergreen buck came off Wednesday’s peak in Europe trade, although it’s still firm enough against the backdrop of the news telling that the American economy still demonstrates decent strength…

Common currency is suppressed by German surge fears
Common currency is suppressed by German surge fears

On Thursday, the common currency nursed losses versus the evergreen buck having slumped to a 22-month minimum on a shocking dive in a leading gauge of economic activity in Germany, boosting fears a deceleration in the EU’s number one economy…

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