Forex News

Key information updates for profitable trading

Evergreen buck goes up
Evergreen buck goes up

On Wednesday, the evergreen buck jumped, backed by comments from senior Fed officials playing down the probability of interest rate cuts, and also by a fresh round of safe-haven buying on geopolitical tensions…

Chinese Yuan is intact
Chinese Yuan is intact

On Wednesday, the Chinese yuan and the evergreen buck were nearly intact in Asia because market participants waited for further news on the China-US trade front…

American import prices rally a bit
American import prices rally a bit

In April, American import prices surged less than anticipated in April due to the fact that jumps in the cost of food and petroleum were tamed by the largest tumble in the price of capital goods for a decade, dropping a hint at the fact that inflation…

Chinese Yuan rebounds
Chinese Yuan rebounds

On Tuesday, the Chinese Yuan managed to rebound in Asia reacting to reports that the Asian country’s state-backed funds, dubbed the “National Team,” have pumped cash into the market in an attempt to back local stocks as well as currency…

Bitcoin tries $8,000
Bitcoin tries $8,000

On Tuesday, Bitcoin managed to rally more than 10% testing $8,000 in Asia, while other key crypto assets also demonstrated substantial profits against the backdrop of bullish sentiment…

Wall Street is braced for a low start
Wall Street is braced for a low start

On Monday, Wall Street pointed to a steep dive at the open because the trade conflict between China and America took a steep turn for the worse…

Evergreen buck reaches fresh 4-month peak
Evergreen buck reaches fresh 4-month peak

On Monday, the evergreen buck reached a four-month maximum versus the Chinese yuan, although it was lower against the Japanese yen as well as Swiss franc due to the fact that the escalating trade conflict between China and America backed bids for…

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