Forex News

Key information updates for profitable trading

Australian dollar drops on dismal Q2 CPI figures
Australian dollar drops on dismal Q2 CPI figures

On Wednesday, the Australian dollar dived in Asia as consumer prices for the second quarter ruined hopes, with the Federal Reserve expected to unveil its views on rates soon to set the overall tone…

Greenback soars from 13-month minimums
Greenback soars from 13-month minimums

On Tuesday, the evergreen buck drifted away from a 13-month minimum versus a basket of currencies in an attempt to shrug off a recent selloff after positive American economic data because traders waited for this week's Federal Reserve gathering for…

US dollar index sticks to 13-month low
US dollar index sticks to 13-month low

On Monday, the evergreen buck struggled near a 13-month minimum versus a basket of key counterparts because American political turmoil dampened expectations for quick passage of Donald Trump's stimulus as well as tax reform agendas and the common…

British pound remains lower versus greenback
British pound remains lower versus greenback

On Thursday, the British pound remained weaker versus the moderately stronger greenback notwithstanding data showing that British retail sales ascended at a faster than expected tempo in June…

Yen dips after BOJ holds steady
Yen dips after BOJ holds steady

On Thursday, the Japanese yen declined, with the Bank of Japan keeping silence as for when inflation could provoke easing aggressive monetary policy…

Common currency clings to ECB tapering expectations
Common currency clings to ECB tapering expectations

On Thursday, the euro held close to a 14-month peak versus the greenback because traders look to clues from the ECB on tapering of its stimulus, while the Japanese yen barely budged after Japan’s major financial institution kept monetary policy intact…

Asian currencies are steady
Asian currencies are steady

On Wednesday, Asian currencies managed to maintain their strength notwithstanding the Chinese Yuan kept dropping versus the greenback and the Philippine peso kept to 11-year minimums…

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