Forex News

Key information updates for profitable trading

British pound reaches 1-1/2 month minimums
British pound reaches 1-1/2 month minimums

On Thursday, the British pound declined to one-and-a-half month minimums versus a strengthening greenback because hopes for faster lifts in American interest rates in 2018 kept backing the US currency…

Canadian GDP
Canadian GDP

GDP is the broadest measure of a country’s economic activity and the primary gauge of the economy’s health…

Greenback is backed by Powell
Greenback is backed by Powell

On Thursday, the evergreen buck was firm enough, gaining support after the Fed’s fresh chief Jerome Powell demonstrated rather an optimistic tone on the American economy…

Asian equities go down, greenback reaches six-week maximum
Asian equities go down, greenback reaches six-week maximum

On Thursday, Asian equities mostly declined after Wall Street demonstrated its worst monthly performance for two years because aggressive-sounding remarks from fresh Fed Chair Jerome Powell generally got along with the broader risk asset markets…

China's factory surge marginally declines in February
China's factory surge marginally declines in February

In February, China's manufacturing sector reported another month of relatively firm surge notwithstanding long Lunar New Year holidays as well as a tough pollution clampdown that affected factory operations…

UK Manufacturing PMI
UK Manufacturing PMI

In the environment of uncertainties related to the Brexit negotiations, the pound needs support from other sources…

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