Forex News

Key information updates for profitable trading

Evergreen buck is nearly intact
Evergreen buck is nearly intact

On Friday, the evergreen buck was nearly intact in Asia having traded a bit higher earlier in the day in the face of upbeat mood of progress in China-US trade negotiations…

Dow concludes up
Dow concludes up

On Wednesday, the Dow concluded up for a second consecutive day, led by a leap in financials because positive quarterly outcomes from Wall Street financial institutions backed investor optimism on gains…

Gold approaches $1,300 once again
Gold approaches $1,300 once again

Britain’s economic and political issues along with a no-confidence vote on Prime Minister Theresa May following her unsuccessful Brexit deal vote gave gold traders a hope of getting back to maximums of above $1,300 an ounce…

Bitcoin heads south
Bitcoin heads south

On Wednesday, crypto assets slumped a bit in the face of a lack of evident price triggers…

UK pound strengthens on Brexit vote defeat
UK pound strengthens on Brexit vote defeat

On Wednesday, the UK currency managed to strengthen after a dive overnight when the British main legislative body overwhelmingly voted down the country’s Prime Minister Theresa May's Brexit agreement, thus contributing to uncertainties surrounding Great…

American equities inch up as traders neglect dismal bank outcomes
American equities inch up as traders neglect dismal bank outcomes

On Tuesday, American equities went up due to the fact Netflix drove a leap in technology as well as internet shares and UnitedHealth reported firm outcomes, while hopes of more stimulus for China's decelerating economy encouraged purchasing risky assets…

Evergreen buck goes up on dismal German data
Evergreen buck goes up on dismal German data

On Tuesday, the evergreen buck went up, while the common currency dived as data disclosed that the German economy speeded down last year and market participants were waiting for the outcomes on the parliamentary vote on Britain’s withdrawal from the…

American core producer prices go down
American core producer prices go down

In December, a major measure of American producer prices suddenly slumped and the overall gauge went down more than predicted in the face of lower crude prices, indicating that potential inflation pressures in the American economy are still there…

Gold surges a bit
Gold surges a bit

On Tuesday, gold managed to gain a bit due to the fact that the first dive in factory gate inflation for four months backed the argument that the major US bank should suspend monetary policy tightening and traders looked ahead to a bunch of remarks from…

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