Forex News

Key information updates for profitable trading

UK pound soars to day’s maximums on British services PMI
UK pound soars to day’s maximums on British services PMI

On Thursday, the British pound rallied to the day’s maximums after data disclosing that activity in the dominant British service sector accelerated at the end of the previous year, although the underlying trend hinted at uncertainty over the economic…

Aussie and Kiwi ascend vs. fragile US dollar
Aussie and Kiwi ascend vs. fragile US dollar

On Thursday, the Australian and New Zealand dollars soared versus their American rival because market sentiment on the US currency was still uncertain notwithstanding upbeat minutes from the Fed’s latest gathering and positive American manufacturing…

Greenback inches up on positive US data
Greenback inches up on positive US data

On Thursday, the evergreen buck rallied after positive American data as well as supportive minutes from the Fed’s policy gathering helped it to shrug off recent weakness…

Common currency takes breather after soar
Common currency takes breather after soar

On Wednesday, the common currency tumbled to take a breather from a soar underpinned by optimism over the euro zone's economy as well as hopes that the European Central Bank is going to wind down its bond-buying stimulus this year…

Aussie goes down in Asia
Aussie goes down in Asia

On Wednesday, the Aussie dived in Asia, while the evergreen buck staged a moderate rebound because Donald Trump had North Korean leader Kim Jong-un taunted on Twitter…

Greenback is on defensive
Greenback is on defensive

On Tuesday, the evergreen buck languished close to a three-month minimum versus a basket of key currencies because financial markets reopened in the beginning of 2018…

Greenback outlook: January 2 - 5
Greenback outlook: January 2 - 5

On Friday, the evergreen buck sagged to its lowest value for more than three months versus a basket of the other key currencies on the final market day of 2017, and reported its largest annual percentage dive since 2003…

Greenback is stuck near one-month minimum
Greenback is stuck near one-month minimum

On Friday, the evergreen buck fluctuated near a one-month minimum versus a basket of currencies, while commodity currencies, including the Australian as well as Canadian dollars hit two-month peaks due to firmer energy and also metals prices…

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