Forex News

Key information updates for profitable trading

Gold jumps in Asia on easy liquidity views
Gold jumps in Asia on easy liquidity views

On Friday, gold rallied moderately in Asia because traders digested a triple load of major bank view from the Federal Reserve, BoE and ECB, which pointed to ongoing easy liquidity…

Crude is steady on tighter market
Crude is steady on tighter market

On Friday, crude markets stood firm because the Forties pipeline outage in the North Sea as well as the everlasting OPEC-led output cuts underpinned the commodity, while ascending output from the USA kept oil from soaring further…

British pound is near day’s maximums on UK retail data
British pound is near day’s maximums on UK retail data

On Thursday, the British pound was near the day’s maximums after data revealed that British retail sales tacked on at a far faster pace than anticipated in November as market participants waited for the outcome of the Bank of England’s monetary policy…

British retailers benefit from bumper Black Friday sales
British retailers benefit from bumper Black Friday sales

In November, UK shoppers derived benefits from electrical goods as well as other Black Friday bargains, providing a suddenly big boost to retail sales that contrasted with earlier indications of a subdued start to Christmas spending…

Greenback stands still as traders digest Fed statement
Greenback stands still as traders digest Fed statement

On Thursday, the evergreen buck didn’t change versus other key currencies because financial markets were still digesting the Fed’s fresh policy statement, simultaneously looking ahead to a string of American economic reports due later in the day…

China lifts market rates to tame financial risks
China lifts market rates to tame financial risks

On Thursday, China's major bank had money market rates lifted because the government sought to diminish financial risks without affecting the national economy, as activity was still broadly firm…

Japanese stocks decline at close of trade
Japanese stocks decline at close of trade

On Thursday, Japanese equities dived after the close because losses in the Power, Machinery as well as Transportation Equipment sectors suppressed stocks…

Aussie leaps, Kiwi tumbles on Fed decision
Aussie leaps, Kiwi tumbles on Fed decision

On Thursday, the Australian dollar ascended versus its American rival, while the New Zealand dollar lost having hit multi-month peaks because the Fed disappointed market participants by leaving its 2018 interest rate outlook intact…

Crude gains on lower American crude stocks
Crude gains on lower American crude stocks

On Thursday, crude markets ascended, underpinned by a fourth straight weekly decline in American crude inventories, although soaring output capped prices below the 2015 maximums hit earlier this week…

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