Forex News

Key information updates for profitable trading

Greenback hits two-month low vs. yen
Greenback hits two-month low vs. yen

On Thursday, the evergreen buck hit a two-month minimum against the Japanese yen, having dropped after the minutes of the Fed’s latest gathering disclosed that some Fed policymakers were really concerned about constantly low inflation…

EU markets start higher as political worries ease
EU markets start higher as political worries ease

On Wednesday, European markets started higher because worries as for political tensions in Germany started easing and market participants waited for the presentation of the latest British budget due later in the day…

Uniper will cut 2,000 jobs to reduce costs
Uniper will cut 2,000 jobs to reduce costs

German energy group Uniper is on the verge of cutting approximately 2,000 jobs or in other words 14% of the company’s workforce, by the end of 2018 as part of a cost-cutting program launched in 2016…

Australian shares gain at close of trade
Australian shares gain at close of trade

On Wednesday, Australian equities rallied after the close because profits in the Energy, Consumer Staples as well as Resources sectors underpinned stocks…

Asian equities go up
Asian equities go up

On Wednesday, Asian stocks rallied following upbeat regional mood and Wall Street finish…

Crude is firm on anticipated OPEC cut extension
Crude is firm on anticipated OPEC cut extension

On Wednesday, crude rallied after a reported dive in American crude inventories and also on hopes that an OPEC-led output cut aimed at tightening the crude market is going to be extended beyond next March…

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