Forex News

Key information updates for profitable trading

Greenback fluctuates amid doubts over Trump's tax initiative
Greenback fluctuates amid doubts over Trump's tax initiative

On Wednesday, rumors that President Donald Trump's tax overhaul initiative would stall kept the greenback below a recent 10-week maximum versus key currencies, and the common currency stuck to a 12-day maximum because political tensions over Catalonia…

Euro reaches one-week maximum on hawkish comments
Euro reaches one-week maximum on hawkish comments

On Tuesday, the common currency demonstrated a one-week maximum because market participants added trading positions on a hawkish overnight statement by a policymaker, which reaffirmed bets the euro zone economy's outlook is still firm enough…

Aussie soars on NAB surveys
Aussie soars on NAB surveys

On Tuesday, the Australian dollar was boosted by closely-watched business polls, while the Japanese yen held revenues after better-than-expected current account data…

AUD/USD is intact, Kiwi slides in late trade
AUD/USD is intact, Kiwi slides in late trade

On Monday, the Australian dollar was a bit changed versus its American rival, while the New Zealand dollar went down because expectations for American rate lift in December kept backing the US dollar, though renewed geopolitical tensions put pressure…

Asian currencies will be intact
Asian currencies will be intact

Being on an upswing since the beginning of 2017, Asian currencies won’t probably trade higher than they’re currently in a year…

Aussie slumps on dismal retail sales in quiet trade
Aussie slumps on dismal retail sales in quiet trade

On Thursday, the Australian dollar went down on worse than anticipated retail sales notwithstanding a better-than-expected trade surplus with Fed Chair Janet Yellen standing out from remarks on monetary policy at a community banking conference, St…

US currency dives as market pauses
US currency dives as market pauses

On Wednesday, the evergreen buck went down versus a basket of crucial counterparts because financial markets weighed rumors over who is going to be the next Fed Chair…

Aussie and Kiwi rise as greenback dives
Aussie and Kiwi rise as greenback dives

On Wednesday, the Australian and New Zealand dollars rallied versus their American rival, reviving from recent losses because demand for the US currency declined amid speculation the next Fed Chair could be less hawkish than anticipated…

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