Forex News

Key information updates for profitable trading

Greenback steadies ahead of major bank meetings
Greenback steadies ahead of major bank meetings

On Tuesday, the evergreen buck stood still versus a basket of currencies, with the focus on the Fed’s two-day gathering, while the Canadian dollar managed to grow after Canada’s major financial institution suggested interest rates could leap sooner than…

Bitcoin keeps rising as bulls run wild
Bitcoin keeps rising as bulls run wild

On Monday, Bitcoin reached the $3,000-level for the first time, while Ethereum managed to leap to another all-time peak because a monster soar keeps advancing amid bullish sentiment around the future of the cryptocurrencies…

British pound stabilizes
British pound stabilizes

On Monday, the British pound stabilized because British Prime Minister Theresa May struggled to pick up the pieces and reunite her Conservative Party following a disastrous election, which could potentially disrupt Brexit talks…

British election upset suppresses sterling
British election upset suppresses sterling

On Friday, the British pound sank steeply right after British Prime Minister Theresa May's Conservative Party suddenly fell short of an expected majority in the country’s general election…

Sterling approaches two-week peak before UK vote
Sterling approaches two-week peak before UK vote

On Thursday, the British pound traded close to a two-week high, backed by hopes that Prime Minister Theresa May's party will grasp a majority in Britain's general election, while the common currency was intact ahead of a ECB policy announcement…

Yen moves down on China trade data
Yen moves down on China trade data

On Thursday, the Japanese yen went down in Asia notwithstanding solid trade figures from China, although weaker GDP for the first quarter in Tokyo and upcoming China and Australia trade data drove market risk…

Dollar keeps to six-week minimum vs. yen
Dollar keeps to six-week minimum vs. yen

On Wednesday, the evergreen buck kept to a six-week minimum versus the safe-haven yen, with market participants cautious ahead of the UK’s general election, a ECB policy verdict, not to mention testimony by ex-FBI Director James Comey…

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