Forex News

Key information updates for profitable trading

Aussie slumps on dismal retail sales in quiet trade
Aussie slumps on dismal retail sales in quiet trade

On Thursday, the Australian dollar went down on worse than anticipated retail sales notwithstanding a better-than-expected trade surplus with Fed Chair Janet Yellen standing out from remarks on monetary policy at a community banking conference, St…

US currency dives as market pauses
US currency dives as market pauses

On Wednesday, the evergreen buck went down versus a basket of crucial counterparts because financial markets weighed rumors over who is going to be the next Fed Chair…

Aussie and Kiwi rise as greenback dives
Aussie and Kiwi rise as greenback dives

On Wednesday, the Australian and New Zealand dollars rallied versus their American rival, reviving from recent losses because demand for the US currency declined amid speculation the next Fed Chair could be less hawkish than anticipated…

Gold soars in Asia before Yellen speech
Gold soars in Asia before Yellen speech

On Wednesday, gold grew in Asia, with markets in Taiwan, South Korea and China unavailable for holidays as well as caution ahead of remarks later in the day from Fed Chair…

British pound reaches day's minimum versus euro after UK PMI data
British pound reaches day's minimum versus euro after UK PMI data

On Tuesday, the British pound sank to the day’s minimum versus the common currency after data unveiling that activity in the British construction sector tumbled for the first time for 13 months in September drove concerns that the UK economy’s losing…

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