Forex News

Key information updates for profitable trading

Gold sags in Asia as risk trade relives
Gold sags in Asia as risk trade relives

On Monday, gold edged down in Asia because risk trade relieved and market participants waited for more insight on American tax cut plans as well as related Fed policy…

Euro goes down in Asia as Germany coalition negotiations fail
Euro goes down in Asia as Germany coalition negotiations fail

On Monday, the common currency dived in Asia because German Chancellor Angela Merkel told that she would meet the German president for the purpose of informing him that she hadn’t managed to form a coalition government with the Greens as well as the…

Greenback goes down on tax jitters
Greenback goes down on tax jitters

On Friday, the evergreen buck modestly dived versus other key currencies, as everlasting uncertainty over the fate of a key American tax reform plan as well as worries over an investigation into Trump's presidential campaign put pressure…

Crude is set for the first weekly dip on oversupply concerns
Crude is set for the first weekly dip on oversupply concerns

On Friday, crude was mixed after recent declines, although the commodity was on track for the first weekly decline for six weeks, being suppressed by ascending American supplies as well as doubts over Russian support for extending a cut in crude output…

Japanese yen rebounds steeply as traders look for safe-haven
Japanese yen rebounds steeply as traders look for safe-haven

On Friday, the Japanese yen rebounded steeply in Asia because market participants shifted to the safe-haven currency amid a leap in risk sentiment over the probable impact of American tax cuts because plans passed the House of Representatives as well as…

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