Forex Market and Trading News

12.09.2017 05:40 Gold goes down in Asia after fresh UN sanctions on North Korea

On Tuesday, gold declined in Asia trade, with tensions on the Korean peninsula closely watched after fresh UN economic sanctions against North Korea turned to be weaker than expected…

12.09.2017 05:22 Greenback goes down in Asia as NKorea sanctions fall short

On Monday, the evergreen buck declined in Asia because market participants noted the impact of the fresh UN sanctions on North Korea for its missile and nuclear test turned to be weaker than expected and that political risk was still a firm regional…

11.09.2017 09:49 Notice on implementing UN resolutions is issued by China’s key bank

On Monday, China's major financial institution issued a statement as for the implementation of UN Security council resolutions without specifying the affected parties as well as other details…

11.09.2017 09:19 Insurers push EU equities higher after Hurricane Irma downgrade

On Monday, European equities rallied in early deals, underpinned by insurers because the downgrade of Hurricane Irma in America lifted expectations that costs for the industry might be lower than initially anticipated…

11.09.2017 08:25 Aussie and Kiwi tumble as greenback mildly revives

On Monday, the Australian and New Zealand dollars went down versus its American counterpart because the US dollar started recovering from last session's steep losses and as financial markets kept focusing on the impact of natural disasters in America…

11.09.2017 07:59 London is still the world's top finance center notwithstanding Brexit

London is still the world’s leading financial center…

11.09.2017 07:16 Asian equities soar as Irma hit hard

On Monday, equities in Asia gained with market participants cautiously optimistic as for the damage from Hurricane Irma to Florida, as it didn’t appear to be as bad as expected even as Goldman Sachs dared to have its third quarter GDP surge estimate…

11.09.2017 06:47 Greenback stabilizes after selloff

On Monday, the major US currency soared, drifting away from the previous week's dips versus its major counterparts after North Korea commemorated the anniversary of its founding without conducting any further nuclear or missile tests…

11.09.2017 06:11 Crude rallies as Saudi Arabia considers extending supply cut

On Monday, crude grew after the Saudi oil minister discussed extending a pact to reduce global crude supplies beyond March 2018 with his Kazakh and Venezuelan counterparts…

11.09.2017 05:42 Gold tumbles in Asia as hurricane, NKorea risk worries relieve

On Monday, the number one precious commodity sank in Asia, with risk assets taking a breather because Hurricane Irma’s losing intensity and a probable ICBM test by North Korea at the weekend didn’t occur…

08.09.2017 07:17 Broadly weaker greenback hovers at 32-month minimum vs. counterparts

On Friday, the evergreen buck kept hovering at 32-month minimums versus other key currencies because the European Central Bank's latest policy statement ensured broad support to the common currency…