Forex News

Key information updates for profitable trading

Gold sags in Asia as BOJ and PBOC are eyed
Gold sags in Asia as BOJ and PBOC are eyed

On Thursday, gold dived a bit because market participants debated the prospect of China steeply reducing purchases of American Treasuries and whether the BOJ is braced for inching forward on a way out of its hawkish monetary policy…

Australian retail sales
Australian retail sales

Do you trade during the Asian session? Then the release of Australian retail sales for November at 02:30 MT time on January 11 will represent an excellent trading opportunity for you…

Greenback reaches 6-week minimums vs. yen
Greenback reaches 6-week minimums vs. yen

On Wednesday, the evergreen buck extended losses versus the Japanese yen after the Bank of Japan reduced the size of its bond purchases in the previous session, spurring rumors that it could start scaling back its monetary stimulus later in 2018…

China demonstrates the slowest factory inflation for 13 months
China demonstrates the slowest factory inflation for 13 months

In December 2017, China's producer prices tacked on at their slowest pace for 13 months because the government's strict measures against winter smog affected factory demand for raw materials, hinting that the world's number two economy has started…

Asian equities step back from 2007 maximum
Asian equities step back from 2007 maximum

On Wednesday, Asian stocks stepped back from testing their 2007 record maximum because traders booked profits in high-tech equities, while crude hit three-year maximums because of output cuts and a sag in inventories…

Gold dives in Asia on China consumer prices
Gold dives in Asia on China consumer prices

On Wednesday, gold sank in Asia because the previous month weaker than anticipated consumer inflation in China affected views on global inflation soaring more than expected this year…

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