Forex News

Key information updates for profitable trading

UK pound soars to day’s maximums on British services PMI
UK pound soars to day’s maximums on British services PMI

On Thursday, the British pound rallied to the day’s maximums after data disclosing that activity in the dominant British service sector accelerated at the end of the previous year, although the underlying trend hinted at uncertainty over the economic…

Aussie and Kiwi ascend vs. fragile US dollar
Aussie and Kiwi ascend vs. fragile US dollar

On Thursday, the Australian and New Zealand dollars soared versus their American rival because market sentiment on the US currency was still uncertain notwithstanding upbeat minutes from the Fed’s latest gathering and positive American manufacturing…

Crude shows the most impressive peaks since mid-2015
Crude shows the most impressive peaks since mid-2015

On Thursday, crude reached their highest value for more than 2-1/2 years, thus marking levels not observed since before a dip in commodity markets in 2014/15, underpinned by tensions in major producer Iran as well as by everlasting OPEC-led output cuts…

Greenback inches up on positive US data
Greenback inches up on positive US data

On Thursday, the evergreen buck rallied after positive American data as well as supportive minutes from the Fed’s policy gathering helped it to shrug off recent weakness…

Gold slides in Asia on hawkish Fed minutes
Gold slides in Asia on hawkish Fed minutes

On Thursday, gold went down in Asia because the Fed appeared to be a bit more hawkish in the December gathering minutes and market participants fretted over inflation difficulties…

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