Forex News

Key information updates for profitable trading

Crude reaches its highest value since May 2015
Crude reaches its highest value since May 2015

On Tuesday, crude rallied further above $68 a barrel, hitting its highest value since May 2015, underpinned by OPEC-led output cuts as well as hopes that American crude inventories dived for an eighth week…

Gold retreats further from 3-1/2 month maximums
Gold retreats further from 3-1/2 month maximums

On Tuesday, gold dived, rebounding further from the previous week’s three-and-a-half month maximums because the evergreen buck strengthened versus the common currency and market participants kept betting on further rate lifts by the Fed in 2018…

Yen rallies after BOJ move
Yen rallies after BOJ move

On Tuesday, the Japanese yen leapt after the BOJ reduced its purchasing of long-dated Japanese government bonds in its market operations, thus assisting to stoke speculation as for a future exit from its huge stimulus policy…

European markets show high start
European markets show high start

On Monday, European markets started generally higher because market sentiment was still upbeat and German coalition negotiations were braced for dominating traders’ attention…

Asian equities move toward historic maximum
Asian equities move toward historic maximum

On Monday, Asian equities moved toward all-time maximum after Wall Street boasted its best opening to a new year in more a decade, with brisk economic surge as well as benign inflation driving risk appetites…

Greenback ascends, euro dives after soar
Greenback ascends, euro dives after soar

On Monday, the US currency gained versus a basket of the other key currencies after data disclosing that American job surge cooled in December didn’t manage to change hopes for further Fed rate lifts this year…

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