Forex News

Key information updates for profitable trading

Saudi Arabia equities leap at close of trade
Saudi Arabia equities leap at close of trade

On Thursday, Saudi Arabia stocks managed to grow after the close because revenues in the Building & Construction, Real Estate Development as well as Agriculture & Food sectors underpinned stocks…

Euro zone businesses go up
Euro zone businesses go up

Euro zone business surge is actually speeding up, as polls unveiled on Thursday, backing the European Central Bank's move the previous month to officially announce a throttling back of its monetary policy stimulus…

European equities start lower with PMI in focus
European equities start lower with PMI in focus

On Thursday, European markets started lower because market participants paid attention to the publication of euro zone manufacturing as well as service sector activity data due later in the session…

Gold declines due to Thanksgiving Day
Gold declines due to Thanksgiving Day

On Thursday, gold sagged in holiday-thinned trade, although losses were capped by rumors that the major US bank might not tighten American policy as mawkishly as previously anticipated…

Aussie and Kiwi stand still vs. weaker greenback
Aussie and Kiwi stand still vs. weaker greenback

On Thursday, the Australian and New Zealand dollars were intact versus their American counterpart because the US currency moderately recovered from losses posted after the publication of the minutes of the Fed’s latest policy gathering…

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…

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