Forex News

Key information updates for profitable trading

Bitcoin conquers $4,000
Bitcoin conquers $4,000

On Thursday, key crypto assets managed to make some gains in Asia having lost ground for two days…

Greenback dives to wager on Fed rate reversal
Greenback dives to wager on Fed rate reversal

On Thursday, the evergreen buck faced heavy losses in Asia because the key US bank shocked the financial markets by giving up all of its plans to have rates lifted in 2019, which appears to be an indication that its three-year campaign to stabilize its…

Gold is nearly intact
Gold is nearly intact

On Wednesday, gold was nearly intact because traders closely watched a policy statement by the key US bank, which is expected to shed light on its interest rate plan for the rest of 2019…

American stock futures are nearly intact
American stock futures are nearly intact

On Wednesday, American stocks were nearly intact because market participants awaited more clarity on the Fed’s interest rate outlook for 2019, while some trade fears still persisted…

British inflation jumps
British inflation jumps

The UK’s key inflation rate rallied in February, although stayed close to January's two-year minimum, assisting customers to preserve their spending power even as Brexit was still uncertain…

The Bank of England may support the GBP
The Bank of England may support the GBP

The Monetary policy committee of the Bank of England will vote on the level of interest rate and release its monetary policy summary on March 21, at 14:00 MT time.

Greenback rallies on trade war jitters
Greenback rallies on trade war jitters

On Wednesday, the evergreen buck went up, attracting safe-haven bids following reports of further tension in US-China trade talks, although its profits were minor, with caution anticipated from the major US bank at its policy gathering later in the day…

Evergreen buck goes down
Evergreen buck goes down

On Tuesday, the evergreen buck slumped due to the fact that the key US bank started its two-day gathering, with many expecting the major financial institution to come up with a dovish outlook on monetary policy when the gathering concludes on Wednesday…

French surge strengthens
French surge strengthens

French quarterly surge is expected to strengthen in the first half of 2019 because consumer spending derives benefits from improving household incomes as well as reviving business confidence after protests at the end of 2018…

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