Forex News

Key information updates for profitable trading

Evergreen buck revives on probable American tariff exemptions
Evergreen buck revives on probable American tariff exemptions

On Thursday, the evergreen buck revived, getting support from upbeat labor market data as well as the White House telling that Mexico and Canada and also other countries, might dodge planned American import tariffs on aluminum and steel…

Yen tacks on trade war concerns
Yen tacks on trade war concerns

On Wednesday, the safe haven yen managed to strengthen and the evergreen buck dived to two week minimums versus a group of basic currencies because the resignation of Donald Trump’s top notch economic advisor drove worries as for a rising trade conflict…

Greenback stays low as trade feud worries loom
Greenback stays low as trade feud worries loom

On Monday, the evergreen buck started in Asia morning at a minimum because worries of a global trade feud provoked a sell-off notwithstanding the previous week’s short-lived ascend when fresh Fed Chair Powell officially confirmed the tightening policy…

Greenback goes down on Trump’s tariff decision
Greenback goes down on Trump’s tariff decision

On Friday, the evergreen buck went down, having pulled abruptly back from six-week peaks right after Donald Trump’s initiative to impose tariffs on aluminum and steel took the wind out of the US currency’s week-long revival…

British pound reaches 1-1/2 month minimums
British pound reaches 1-1/2 month minimums

On Thursday, the British pound declined to one-and-a-half month minimums versus a strengthening greenback because hopes for faster lifts in American interest rates in 2018 kept backing the US currency…

Greenback is backed by Powell
Greenback is backed by Powell

On Thursday, the evergreen buck was firm enough, gaining support after the Fed’s fresh chief Jerome Powell demonstrated rather an optimistic tone on the American economy…

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