Forex News

Key information updates for profitable trading

British pound dives to day’s minimums on UK inflation data
British pound dives to day’s minimums on UK inflation data

On Tuesday, the British pound went down to the day’s minimums versus the evergreen buck due to slowing inflation in December, which slowed for the first time for six months, hinting that the country’s cost of living squeeze relieved…

Aussie and Kiwi are at 4-month peaks vs. weaker US dollar
Aussie and Kiwi are at 4-month peaks vs. weaker US dollar

On Monday, the Australian and New Zealand dollars were keeping to four-month maximums versus their American rival because the broadly stronger common currency kept weighing heavily on the US currency notwithstanding Friday's mostly positive American data…

Greenback keeps to 4-month minimums ahead of American data
Greenback keeps to 4-month minimums ahead of American data

On Friday, the evergreen buck was keeping to four-month minimums versus other key currencies because Thursday's dismal American economic reports still put pressure on the US currency and market participants closely watched the publication of major US…

Aussie and Kiwi fluctuate close to multi-year maximums
Aussie and Kiwi fluctuate close to multi-year maximums

On Thursday, the Australian and New Zealand dollars were fluctuating near multi-month maximums after the publication of firm Australian retail sales data and as the US currency was pressured by news that China might stop its American bond purchases…

Greenback reaches 6-week minimums vs. yen
Greenback reaches 6-week minimums vs. yen

On Wednesday, the evergreen buck extended losses versus the Japanese yen after the Bank of Japan reduced the size of its bond purchases in the previous session, spurring rumors that it could start scaling back its monetary stimulus later in 2018…

Yen rallies after BOJ move
Yen rallies after BOJ move

On Tuesday, the Japanese yen leapt after the BOJ reduced its purchasing of long-dated Japanese government bonds in its market operations, thus assisting to stoke speculation as for a future exit from its huge stimulus policy…

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