Forex News

Key information updates for profitable trading

Sterling reaches day’s maximums on British factory data
Sterling reaches day’s maximums on British factory data

On Wednesday, the British pound rallied to the day’s maximums after data disclosing that the British manufacturing sector edged up at a faster than anticipated tempo in October, thus driving the outlook for fourth quarter ascend…

European stocks start higher
European stocks start higher

On Wednesday, European markets started higher because market participants focused on a fresh batch of corporate earnings reports and the Fed’s monthly policy verdict due later in the day…

Asian equities head north
Asian equities head north

On Wednesday, Asian stocks reported solid revenues because regional PMIs were mixed with market sentiment still positive as earnings season regionally attracts attention…

Greenback leaps ahead of Fed decision
Greenback leaps ahead of Fed decision

On Wednesday, the evergreen buck soared because market participants waited for the outcome of the Fed’s policy gathering for further clues about future tightening…

FOMC Statement
FOMC Statement

The US Federal Reserve is not expected to change the federal funds rate at November meeting…

Chinese funds spur equity exposure to seven-month maximum
Chinese funds spur equity exposure to seven-month maximum

For the next three months Chinese fund managers managed to spur their suggested equity exposure to the maximum of seven months because recent economic data assisted to raise expectations for the world's number two economy, as a monthly Reuters survey…

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