Forex News

Key information updates for profitable trading

Trump dislikes recent American interest rate lifts
Trump dislikes recent American interest rate lifts

On Thursday, American leader Donald Trump unveiled that he generally disliked the Fed’s decision to have interest rates lifted, telling that he was concerned about their probable impact on the American economy as well as American competitiveness…

FTSE 100 goes up on dismal retail sales
FTSE 100 goes up on dismal retail sales

On Thursday, British equities concluded the trading session up and the UK currency dipped after gloomy UK retail sales generated rumors that the BoE might stay away from increasing interest rates in August…

Canadian CPI
Canadian CPI

Inflation data is the most important indicator that affects the central bank’s monetary policy.

British inflation edges up 2.4%
British inflation edges up 2.4%

In June, inflation in Great Britain tacked on at a slower than anticipated tempo, thus contributing to the major bank’s dilemma as it considers whether to have interest rates lifted next month or not…

Asian equities edge up on Powell’s remark
Asian equities edge up on Powell’s remark

On Wednesday, Asian stocks managed to rally due to the fact that Fed Chair Jerome Powell came up with an upbeat assessment of the American economy at his congressional testimony…

Gold declines on Fed remarks
Gold declines on Fed remarks

On Wednesday, gold headed south and kept to a one-year minimum due to the fact the evergreen buck managed to strengthen on Fed Chair’s remarks, which backed views that the US major financial institution considers lifting its interest rates this year…

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