Forex News

Key information updates for profitable trading

Australian dollar tacks on
Australian dollar tacks on

On Tuesday, the Australian dollar steeply ascended after Australia’s major financial institution held rates at a record minimum, dashing speculation it might ease policy in response to a below-par outcome of inflation…

Bitcoin tries $6,000
Bitcoin tries $6,000

On Tuesday, the cryptocurrency market was quite bullish in Asia, with Bitcoin trying to conquer another psychological crucial mark - $6,000 as well as Ethereum inching up by more than 10%…

Tariff threats affect Chinese Yuan
Tariff threats affect Chinese Yuan

On Monday, Donald Trump’s fresh threats to lift levies on Chinese exports sent ripples through financial markets, thus affecting risk sentiment and backing safe-haven assets…

Bitcoin overleaps $5,500
Bitcoin overleaps $5,500

On Friday, key digital coins gained momentum in Asia, with Bitcoin rallying above the major mark $5,500…

Evergreen buck consolidates in Asia
Evergreen buck consolidates in Asia

On Thursday, the evergreen buck consolidated in Asia having recovered from a brief spill overnight when financial markets were puzzled by mixed messages on policy from the US major financial institution…

Crypto assets go up
Crypto assets go up

On Thursday, the key crypto assets generally traded in the green in Asia…

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…

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