Forex News

Key information updates for profitable trading

Gold ascends on safe-haven demand
Gold ascends on safe-haven demand

On Thursday, gold surged in mid-morning trade because the safe-haven metal finally caused buyer interest in the face of US-China trade fears, while a weaker-than-anticipated result on job creation also assisted to soothe concerns over a faster tempo of…

American factory orders go down in July
American factory orders go down in July

In July, new orders for American products declined a bit more than anticipated, suppressed by dismal demand for aircraft, although indications of a pickup in business spending hinted that the manufacturing sector was still firm…

European equities reach five-month minimum
European equities reach five-month minimum

On Thursday, European equities dived because fresh losses in emerging markets as well as fears that the US government will follow through its imitative to have an extra $200 billion of China’s products taxed definitely kept market participants on the…

US currency stands still
US currency stands still

On Thursday, the evergreen buck stood still versus a pack of its major counterparts because worries over global trade clashes as well as recent turmoil in emerging markets backed safe haven demand for the evergreen buck…

Time to trade on NFP
Time to trade on NFP

US nonfarm payrolls (NFP) will be released at 15:30 MT time on September 7.

American futures go down
American futures go down

On Wednesday, American futures dipped because market participants weighed the very possibility of American leader following through on his initiative to slap another batch of US levies on Chinese products as soon as a public comment period concludes on…

British economy demonstrates steady third-quarter surge
British economy demonstrates steady third-quarter surge

In August, the British services sector speeded up more than anticipated, thus offsetting a deceleration for manufacturing as well as construction businesses, although Brexit fears are affecting investment plans for the year ahead…

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