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…
Forex News
Key information updates for profitable trading
Greenback holds revenues in Asia notwithstanding soar in Japan wages
On Friday, the evergreen buck held revenues in Asia notwithstanding wages data in Japan turned to be firmer than anticipated…
Greenback soars on positive American data but dipping yields cap profits
On Thursday, the evergreen buck tacked on versus a basket of its rivals after data shed more upbeat light on the American economy, but diving Treasury yields tempered the greenback's revenue…
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…
British pound hits day’s maximums as British service surge picks up
On Wednesday, the British pound rallied to the day’s maximums following data, which showed that surge in the UK service sector picked up in September…
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
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
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 holds weaker after RBA leaves its rate intact
On Tuesday, the Australian dollar held weaker after the country’s major financial institution didn’t change its interest rate…
Greenback reaches one-and-half-month maximums as yields soar on improved American economic outlook
On Tuesday, the evergreen buck reached a 1-1/2-month maximum because Treasury yields grew after a strong reading for American manufacturing activity hardened expectations for US interest rates to go up by the year-end…
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 stands tall versus euro as traders watch Catalan vote aftermath
On Monday, the evergreen buck started the month on a high note, backed by higher American yields, while the common currency was pressured because market participants closely watched the aftermath of a recent independence vote in Catalonia, Spain…
