Forex News

Key information updates for profitable trading

Australian dollar goes down on dismal GDP data
Australian dollar goes down on dismal GDP data

On Wednesday, the Australian dollar tumbled in Asia after data revealed that the country’s economy managed to expand less than anticipated for the three months through September…

Bitcoin concludes at $4k
Bitcoin concludes at $4k

A rapid revival from one-week minimums observed today might have helped Bitcoin to dodge a bigger sell-off, although the bulls haven’t been defeated yet…

Greenback goes down
Greenback goes down

On Monday, the evergreen buck broadly dived versus a currency basket right after China and America pulled back from escalating their trade conflict, thus sending traders into risk-on mode and also affecting safe haven demand for the evergreen buck…

Asian currencies head north as risk appetite gets back
Asian currencies head north as risk appetite gets back

On Monday, the evergreen buck gave up some ground in Asia in the morning because traders piled into stocks, crude as well as risky Asian currencies reacting to a softening US-China trade clash over the weekend…

Bitcoin goes up
Bitcoin goes up

On Friday, Bitcoin along with other key crypto assets managed to surge a bit in Asia…

Bitcoin heads north
Bitcoin heads north

On Thursday, Bitcoin along with other key crypto assets all managed to ascend in Asia following news that Nasdaq is braced for introducing Bitcoin futures in the first quarter of 2019…

Greenback is suppressed by dovish Powell
Greenback is suppressed by dovish Powell

On Wednesday, the greenback declined versus its counterparts because Fed Chairman Jerome Powell told that interest rates were below neutral, thus affecting the optimism for a more hawkish rate-lift cycle…

Greenback goes down
Greenback goes down

On Monday, the evergreen buck generally dived, with the common currency and the UK pound gaining ground because fears over Italy’s budget clash relieved, although market participants were still cautious due to the fact that a host of geopolitical risks…

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