Forex News

Key information updates for profitable trading

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…

British pound reaches day's minimum versus euro after UK PMI data
British pound reaches day's minimum versus euro after UK PMI data

On Tuesday, the British pound sank to the day’s minimum versus the common currency after data unveiling that activity in the British construction sector tumbled for the first time for 13 months in September drove concerns that the UK economy’s losing…

Aussie and Kiwi tumble vs. broadly stronger US dollar
Aussie and Kiwi tumble vs. broadly stronger US dollar

On Monday, the Australian and New Zealand dollars headed south versus their American rival because hopes for a rate lift as well as tax reform in America before the end of 2017 kept backing demand for the US dollar…

Greenback takes breather after soar
Greenback takes breather after soar

On Friday, the evergreen buck tacked on versus a basket of key currencies, having pulled back from one-month maximums reached this week because market participants pondered the Trump administration's tax plan as well as the outlook for Fed policy…

Kiwi and Aussie decline as RBNZ holds
Kiwi and Aussie decline as RBNZ holds

On Thursday, the New Zealand and Australian dollars slid versus their US rival after the Reserve Bank of New Zealand left interest rates intact, while hopes for an imminent tax reform initiative in America underpinned demand for the US dollar…

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