Forex News

Key information updates for profitable trading

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…

ECB Meeting & Press Conference
ECB Meeting & Press Conference

Meetings of the European Central Bank tend to have a great impact on the euro. The regulator will announce its rate decision at 14:45 MT time on December 14. 

Japan's very low rates could affect banks
Japan's very low rates could affect banks

Financial experts worry that that the Bank of Japan's shockingly low interest rates could affect Japanese banks' business, as a Reuters survey disclosed on Wednesday…

Bank of England’s meeting
Bank of England’s meeting

The Bank of England’s Monetary Policy Committee will announce its interest rate decision at 14:00 MT time on December 14…

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