Forex News

Key information updates for profitable trading

Greenback adds in Asia as markets look to Fed
Greenback adds in Asia as markets look to Fed

On Monday, the evergreen buck managed to grow in Asia because financial markets looked ahead to the Fed this week – the key US bank is generally anticipated to have its rates lifted…

Greenback is at 2-1/2 week maximums
Greenback is at 2-1/2 week maximums

On Friday, the US currency was hovering over a two-and-a-half week maximums versus other key currencies, amid mounting optimism as for a crucial US tax reform plan…

Greenback tacks on, shaking off weakness vs. yen
Greenback tacks on, shaking off weakness vs. yen

On Thursday, the evergreen buck rallied versus its peers, shaking off earlier losses against the Japanese yen, underpinned by signs that traders’ risk appetites were recovering and also by optimism on American tax reforms…

Aussie goes down on gloomy Q3 GDP figures
Aussie goes down on gloomy Q3 GDP figures

On Wednesday, the Australian dollar went down after third quarter GDP estimates turned to be weaker than anticipated notwithstanding the data lags more timely figures, including wage surge…

Greenback ascends on American tax optimism
Greenback ascends on American tax optimism

On Tuesday, the evergreen buck modestly surged versus a basket of the other key currencies because expectations for key tax cuts in America kept backing demand for the US currency…

Aussie and Kiwi tack on
Aussie and Kiwi tack on

On Tuesday, the Australian and New Zealand dollars soared versus their American rival after the Reserve Bank of Australia left interest rates intact and optimism over the vote of an American tax reform bill started waning…

Greenback is backed by US tax bill progress
Greenback is backed by US tax bill progress

On Monday, the US currency rallied versus a basket of the other key currencies right after the US Senate successfully passed a tax bill at the weekend, thus spurring expectations for a faster tempo of rate lifts from the major US bank…

Aussie and Kiwi decline versus stronger US dollar
Aussie and Kiwi decline versus stronger US dollar

On Monday, the Australian and New Zealand dollars headed south because the vote of a major American tax bill gave broad support to the US currency, although new political turmoil in Washington was believed to restrict revenues…

GBP/USD rebounds from 2-month maximum notwithstanding upbeat data
GBP/USD rebounds from 2-month maximum notwithstanding upbeat data

On Friday, the British pound rebounded from a two-month maximum versus the greenback notwithstanding the publication of positive British manufacturing activity data because market participants locked in profits from the pound’s recent soar due to signs…

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