Forex Market and Trading News

12.10.2017 04:42 Crude sags in Asia on API estimates

On Thursday, crude sank in Asia because American industry estimates demonstrated a bearish as well as unexpected build in oil inventories, while market participants waited for official figures…

12.10.2017 04:21 Evergreen buck slides in Asia after Fed

On Thursday, the US currency went down in Asia because minutes from the major US bank showed some uncertainty as for a December rate lift among some FOMC officials, although the overall view appeared to be still intact for the hike…

11.10.2017 10:40 FTSE 100 is stuck in holding pattern, with record maximum in sight

On Wednesday, British equities traded in tight ranges because market participants waited for fresh catalysts to push the markets up and break into new record territory…

11.10.2017 09:54 Transfer union could provoke end of euro zone

Evidently, turning the euro zone into a so-called "transfer union", where richer member states are bound to finance poorer ones could potentially provoke the end of the single currency bloc…

11.10.2017 09:19 Catalonia relief pushes euro to two-week maximum

On Wednesday, the common currency soared to a two-week maximum versus a broadly weaker greenback on relief that Catalonia just formally declared its independence from Spain without making further steps…

11.10.2017 08:59 Taiwan equities rally at close of trade

On Wednesday, Taiwan equities added after the close because profits in the Semiconductor, Plastic as well as Electricity sectors underpinned stocks…

11.10.2017 07:58 Oil edges up on signs of tighter market

On Wednesday, crude prices rallied, soaring for a third day, following signs that markets are actually tightening after years of oversupply…

11.10.2017 07:27 Gold dives in Asia as market waits for Fed minutes

On Wednesday, gold eased in Asia ahead of minutes from the major US bank due later in the day…

11.10.2017 07:08 Aussie and Kiwi grow in late trade

On Wednesday, the Australian and New Zealand dollars ascended versus their US rival because doubts over a potential American tax overhaul before the end of 2017 put pressure on the US currency…

11.10.2017 06:52 Greenback fluctuates amid doubts over Trump's tax initiative

On Wednesday, rumors that President Donald Trump's tax overhaul initiative would stall kept the greenback below a recent 10-week maximum versus key currencies, and the common currency stuck to a 12-day maximum because political tensions over Catalonia…

10.10.2017 09:12 Euro reaches one-week maximum on hawkish comments

On Tuesday, the common currency demonstrated a one-week maximum because market participants added trading positions on a hawkish overnight statement by a policymaker, which reaffirmed bets the euro zone economy's outlook is still firm enough…