Forex News

Key information updates for profitable trading

Bank of Canada Meeting
Bank of Canada Meeting

The Bank of Canada will publish its rate statement at 17:00 MT time on December 6…

Greenback is backed by US tax bill progress
Greenback is backed by US tax bill progress

On Monday, the US currency rallied versus a basket of the other key currencies right after the US Senate successfully passed a tax bill at the weekend, thus spurring expectations for a faster tempo of rate lifts from the major US bank…

Crude sinks as American drillers add rigs
Crude sinks as American drillers add rigs

On Monday, crude went down after American shale drillers added more rigs the previous week, although prices still kept close to their maximum since mid-2015, underpinned by an extension of output cuts agreed the previous week by OPEC as well as other…

Aussie and Kiwi decline versus stronger US dollar
Aussie and Kiwi decline versus stronger US dollar

On Monday, the Australian and New Zealand dollars headed south because the vote of a major American tax bill gave broad support to the US currency, although new political turmoil in Washington was believed to restrict revenues…

GBP/USD rebounds from 2-month maximum notwithstanding upbeat data
GBP/USD rebounds from 2-month maximum notwithstanding upbeat data

On Friday, the British pound rebounded from a two-month maximum versus the greenback notwithstanding the publication of positive British manufacturing activity data because market participants locked in profits from the pound’s recent soar due to signs…

European equities sag
European equities sag

On Friday, European financial stocks dived after a delayed vote on tax reform in America deflated a soar in the sector, thus forcing regional benchmarks to start December with a descend…

Irish manufacturing surge rallies to 18-year maximum
Irish manufacturing surge rallies to 18-year maximum

In November, surge in Ireland's manufacturing sector managed to ascend to an 18-year maximum, as a poll disclosed on Friday, with strong fresh orders at home as well as abroad, thus confounding fears Brexit would provoke a slowdown in the UK’s closest…

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