Forex News

Key information updates for profitable trading

USD drops ahead of Fed meeting
USD drops ahead of Fed meeting

The US dollar keeps dipping further, while riskier assets are rising as investors await the FOMC meeting at 21:00 MT time.

What to expect from FOMC?
What to expect from FOMC?

This Wednesday the FOMC will give economic projections, which will have a huge impact on the Forex market.

Risk-on is back
Risk-on is back

The focus of traders’ attention shifted from concerns about the virus resurgence to hopes for a US stimulus package. As a result, the market sentiment improved, driving riskier currencies and stocks to the upside.

Fears over no-deal Brexit pushed GBP down
Fears over no-deal Brexit pushed GBP down

All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down yesterday after UK Prime Minister Boris Johnson claimed he was ready to abandon negotiations.

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