Market News

Key information updates for profitable trading

Sterling reaches day’s maximums on British factory data
Sterling reaches day’s maximums on British factory data

On Wednesday, the British pound rallied to the day’s maximums after data disclosing that the British manufacturing sector edged up at a faster than anticipated tempo in October, thus driving the outlook for fourth quarter ascend…

Greenback leaps ahead of Fed decision
Greenback leaps ahead of Fed decision

On Wednesday, the evergreen buck soared because market participants waited for the outcome of the Fed’s policy gathering for further clues about future tightening…

Yen pares revenues in Asia after BOJ leaves its rate intact
Yen pares revenues in Asia after BOJ leaves its rate intact

On Tuesday, the Japanese yen pared earlier revenues in Asia because the Japanese major financial institution showed that meeting sustained 2% inflation objective remains years away notwithstanding aggressive monetary policy easing…

Greenback pauses after biggest weekly ascend for 2017
Greenback pauses after biggest weekly ascend for 2017

On Monday, the evergreen buck declined after its biggest weekly ascend in 2017 because market participants took profits before a major bank decision this week where financial markets are waiting to find out whether sound economic data will bolster a more…

AUD/USD edges down
AUD/USD edges down

On Monday, the Australian and New Zealand dollar went down because Friday’s positive data kept backing demand for the US currency…

Euro edges up before ECB decision
Euro edges up before ECB decision

On Thursday, the common currency managed to inch up because market participants waited for further details of the ECB’s intention for scaling back its bond- buying program…

Greenback slumps versus yen in Asia
Greenback slumps versus yen in Asia

On Thursday, the US currency held weaker versus the Japanese yen because market participants looked ahead to a highly-anticipated announcement on the new Fed Chair by Donald Trump already this week…

ECB Meeting
ECB Meeting

Traders are impatiently waiting for the European Central Bank’s meeting on October 26…

Greenback is driven by Fed leadership talk
Greenback is driven by Fed leadership talk

On Wednesday, the evergreen buck approached a three-month maximum versus the Japanese yen, backed by reports that Republican senators appreciated John Taylor as the next Fed Chair…

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