Forex News

Key information updates for profitable trading

BOJ keeps its policy intact
BOJ keeps its policy intact

On Thursday, the Bank of Japan kept its monetary policy intact notwithstanding soaring signs of strength in the Japanese economy, indicating that it wasn’t rushing to drift away from crisis-mode stimulus with inflation still far from its 2% objective…

Gold is firm near 2-1/2 weak peaks on softer greenback
Gold is firm near 2-1/2 weak peaks on softer greenback

On Thursday, gold hovered near two-and-a-half week maximums because market sentiment on the US currency was still fragile notwithstanding the vote of a key American tax reform bill and expected US economic reports…

Oil is capped as American output hits 10 million bpd
Oil is capped as American output hits 10 million bpd

On Thursday, crude was steady, underpinned by dipping crude inventories in America, although capped by output, rapidly approaching 10 million barrels a day – this level was only exceeded by Russia and Saudi Arabia…

European equities head south
European equities head south

On Wednesday, European equities declined in early trade, reacting to a sag in the previous trading session when a sell-off on the bond market put pressure on markets, while support from a tax reform in America faded…

Crude gains on North Sea pipeline outage
Crude gains on North Sea pipeline outage

On Wednesday, crude tacked on, underpinned by hopes for a dip in US crude inventories and also by the everlasting outage of the North Sea Forties pipeline system…

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