Forex News

Key information updates for profitable trading

Gold goes down
Gold goes down

On Wednesday, gold sank after a two-day rally because a strengthening greenback took some of the bullish support from the yellow commodity because the Fed uncovered details from its latest policy gathering…

American equities inch down
American equities inch down

On Wednesday, American equities lost in their value in rather a choppy trading session, unable to proceed with their surge from the previous trading marathon because IBM snapped a run of firm blue-chips profits and gloomy housing data suppressed Home…

Evergreen buck tacks on ahead of Fed minutes
Evergreen buck tacks on ahead of Fed minutes

On Wednesday, the greenback surged because market participants waited for the latest gathering minutes from the key US bank, while the UK pound was suppressed by Brexit fears…

Soaring interest rates knock American mortgage activity
Soaring interest rates knock American mortgage activity

The previous week American customers filed the lowest number of requests for a mortgage since late 2014 due to the fact that the vast majority of home borrowing costs hit their highest value for more than seven years…

American equities leap at close of trade
American equities leap at close of trade

On Tuesday, American equities surged after the close because profits in the Healthcare, Technology as well as Consumer Services sectors backed stocks…

American industrial output goes up
American industrial output goes up

In September, American industrial output rallied for a fourth month in a row, backed by profits in mining and manufacturing output, although momentum speeded down steeply in the third quarter…

Greenback rebounds from 1-month minimum versus yen
Greenback rebounds from 1-month minimum versus yen

On Tuesday, the evergreen buck bounced off a one-month minimum versus Japan’s currency because a selloff in global stocks relived, while the New Zealand dollar managed to surge after positive inflation data overnight…

News to trade on October 16
News to trade on October 16

What does this day bring to traders? New Zealand inflation data, Brexit deal is close to the solution, Italy's budget deficit approval and more!

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