Forex News

Key information updates for profitable trading

Greenback edges lower as traders wait for US inflation data
Greenback edges lower as traders wait for US inflation data

On Tuesday, the US currency inched down moderately in Asia, though maintained most of the revenues it made on the previous week's sturdy employment data, which drove hopes that the key US financial institution could still lift interest rates in 2017…

Greenback holds steady after American jobs report
Greenback holds steady after American jobs report

On Monday, the evergreen buck didn’t change versus a currency basket, having rebounded from 15-month minimums on the back of a sturdy US jobs report because market participants waited for major inflation data later this week…

Kiwi dips following NZ data
Kiwi dips following NZ data

On Monday, the New Zealand dollar tumbled versus its US rival, after inflation expectations in New Zealand decreased for the last quarter…

Aussie earns further in Asia
Aussie earns further in Asia

On Monday, the Australian dollar ascended further in Asia, and the evergreen buck kept an edge on the Japanese yen with construction data for July backing views in Australia as well as decent FX reserves in Japan seen…

Greenback sticks to 15-month minimums ahead of NFP report
Greenback sticks to 15-month minimums ahead of NFP report

On Friday, the evergreen buck was sticking to 15-month minimums versus other key currencies because last session’s dismal American service sector data kept weighing and traders waited for the publication of a major American employment report…

Aussie declines on policy views
Aussie declines on policy views

On Friday, the Australian dollar sank after a major bank view on the economy dimmed positive retail sales with the greenback under pressure on a report of enhanced legal activity into allegations Russia colluded to affect the American elections…

Aussie sinks further on disappointing trade
Aussie sinks further on disappointing trade

On Thursday, the Australian dollar declined further during early Asia because the trade balance fell short of surplus hopes and Caixin reported its PMI for services in China went down as nonfarm payrolls are expected at the end of the week…

Greenback shrugs off 15-month low
Greenback shrugs off 15-month low

On Thursday, the evergreen buck inched away from a 15-month minimum against a basket of crucial currencies, although the US currency was still looking wobbly because of doubts as for whether there will be another American interest rate hike in 2017 or…

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