Forex News

Key information updates for profitable trading

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…

Gold heads north, with Fed meeting in focus
Gold heads north, with Fed meeting in focus

On Tuesday, gold jumped, underpinned by hopes that the US main financial institution is going to send financial markets a more dovish message as for future monetary policy following the two-day policy gathering scheduled to start a bit later on Tuesday…

Will the Fed surprise the market?
Will the Fed surprise the market?

The Federal open market committee (FOMC) will make its monetary policy statement and announce the interest rate on March 20, 20:00 MT time.

US stocks soar ahead of Fed policy meeting
US stocks soar ahead of Fed policy meeting

On Monday, US stocks surged because dives in Boeing and Facebook held profits in check and traders closely watched this week's Fed gathering for affirmation of the major financial institution’s commitment to patient monetary stance…

Crypto assets inch up
Crypto assets inch up

For the last week, crypto assets jumped, backed by a 25% leap in Bitcoin Cash, in contrast with a backdrop of further indications of sluggishness in fiat currencies, including the evergreen buck…

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