Forex News

Key information updates for profitable trading

New Zealand dollar is affected by jobs data
New Zealand dollar is affected by jobs data

On Wednesday, the New Zealand dollar headed south following dismal jobs data,which  heightened expectations that interest rates would be decreased, as traders awaited the end of the Fed’s two-day policy gathering…

Evergreen buck stabilizes ahead of Fed
Evergreen buck stabilizes ahead of Fed

On Wednesday, public holidays along with the approach of the Fed’s monetary policy statement are keeping a tight lid on foreign exchange movements, with the common currency holding on to most of its profits after a firmer-than-anticipated first quarter…

Evergreen buck goes down for the third day
Evergreen buck goes down for the third day

On Tuesday, the evergreen buck went down versus key counterparts, slumping for a third day in a row because signs of decelerating inflation cemented market hopes that the Fed will have its rates cut in 2019…

Yellow metal recovers win streak
Yellow metal recovers win streak

On Tuesday, gold futures managed to gain, demonstrating the fourth winning day for the last five trading sessions because the evergreen buck slumped and a degree of uncertainty crept into stock markets, still keeping to record peaks…

American stock futures stand still
American stock futures stand still

On Tuesday, American stock index futures were quite muted, just a day after the S&P 500 as well as Nasdaq set intraday peaks, with traders going through the latest pack of earnings and also dismal data from China…

Get ready for the USD volatility
Get ready for the USD volatility

The United States will release the level of Non-Farm Employment Change, also known as Nonfarm Payrolls or NFP, at 15:30 MT time on May 3.

Pay attention to the GBP
Pay attention to the GBP

The bank of England will publish its monetary policy summary and make the announcement of the interest rate on May 2 at 14:00 MT time.

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