Forex News

Key information updates for profitable trading

Evergreen buck revives on probable American tariff exemptions
Evergreen buck revives on probable American tariff exemptions

On Thursday, the evergreen buck revived, getting support from upbeat labor market data as well as the White House telling that Mexico and Canada and also other countries, might dodge planned American import tariffs on aluminum and steel…

American trade deficit ascends to more than nine-year maximum
American trade deficit ascends to more than nine-year maximum

In January, the American trade deficit inched up to a more than nine-year maximum, with the shortfall with China extending abruptly, hinting that President Donald Trump's "America First" trade stance won’t probably affect the US deficit…

American equities go down after Cohn resigns
American equities go down after Cohn resigns

On Wednesday, American futures headed south after Gary Cohn resigned as the leading economic adviser to Donald Trump, thus powering fears that Trump is on the verge of imposing shocking metal duties…

ECB Press Conference
ECB Press Conference

Despite the euro area’s robust economic growth, the European Central Bank is still doing the so-called quantitative easing (QE)…

Yen tacks on trade war concerns
Yen tacks on trade war concerns

On Wednesday, the safe haven yen managed to strengthen and the evergreen buck dived to two week minimums versus a group of basic currencies because the resignation of Donald Trump’s top notch economic advisor drove worries as for a rising trade conflict…

Asian stocks show mixed performance
Asian stocks show mixed performance

On Wednesday, Asian equities were quite mixed in morning trade notwithstanding global trade-war concerns strengthened with the resignation of Gary Cohn, White House economic expert after clashes over recently disclosed metal duties…

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