Forex News

Key information updates for profitable trading

Asian equities slump on anxiety over trade
Asian equities slump on anxiety over trade

On Friday, Asian equities lost ground due to the fact that market participants worried about a broadening global economic deceleration, with market sentiment affected by the lack of any upbeat signs for a resolution in the US-China trade conflict…

Australian dollar inches down
Australian dollar inches down

On Friday, the Australian dollar headed south versus its American counterpart in Asia due to the fact that the Reserve Bank of Australia had its GDP surge estimate for the year through June slashed…

Gold is intact
Gold is intact

The postponed US-China summit as well as weaker estimates for the EU are playing into a decelerating global surge narrative, which could potentially brighten gold bugs' expectations…

Crypto assets are intact
Crypto assets are intact

On Thursday, crypto assets were generally intact against the backdrop of news that a new major bank report offered further arguments for why monetary authorities should stay away from issuing their own crypto assets…

Evergreen buck goes up ahead of Powell’s speech
Evergreen buck goes up ahead of Powell’s speech

On Wednesday, the evergreen buck jumped to a one-and-a-half-week maximum due to the fact that market participants awaited further signs from Fed Chair Jerome Powell on the outlook for the country’s monetary policy…

Gold heads south ahead of Fed Chair’s remarks
Gold heads south ahead of Fed Chair’s remarks

On Wednesday, gold dived due to the fact that traders looked ahead to remarks from Fed Chair Jerome Powell for further clues about the outlook for US monetary policy for the near future…

Crypto assets head south
Crypto assets head south

On Wednesday, crypto assets declined because Bitcoin inched down to a one-week minimum, while a Canadian judge called for a temporary pause in lawsuits against a crypto exchange, which lost millions of dollars of crypto assets after the founder passed…

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