Forex News

Key information updates for profitable trading

US CPI & Retail Sales
US CPI & Retail Sales

The US will release core CPI and retail sales data for September at 15:30 MT time on October 13…

Asian equities reach 10-year maximum ahead of American data
Asian equities reach 10-year maximum ahead of American data

On Friday, Asian equities soared to a 10-year maximum due to expectations of brisk global surge, although market participants held off chasing stocks higher ahead of American economic data as well as next week's Chinese Communist Party Congress…

Greenback dips ahead of US inflation data
Greenback dips ahead of US inflation data

The US currency slumped because US Treasury yields kept to recent minimums, waiting for American inflation data for a potential spur following this week's dip from 10-week maximums…

China September imports surpass expectations
China September imports surpass expectations

In September, China's imports and exports inched up at a faster tempo than in the previous month, thus hinting that the world's number two economy is still extending at a healthy clip notwithstanding numerous forecasts of an eventual slowdown…

Economy bets back common currency for a fifth day
Economy bets back common currency for a fifth day

On Thursday, the common currency ascended to a two-week maximum after a bunch of strong reports that underpinned a growing view that the ECB will roll out a plan to wind down its enormous stimulus plan at a policy gathering later this month…

China gives birth to yuan-ruble payment system
China gives birth to yuan-ruble payment system

China has already rolled out a payment versus payment (PVP) system for Russian ruble and Chinese yuan transactions for the purpose of reducing risks and improving the overall efficiency of its foreign exchange transactions…

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