Forex News

Key information updates for profitable trading

Greenback edges lower as traders wait for US inflation data
Greenback edges lower as traders wait for US inflation data

On Tuesday, the US currency inched down moderately in Asia, though maintained most of the revenues it made on the previous week's sturdy employment data, which drove hopes that the key US financial institution could still lift interest rates in 2017…

Asian equities deflate on dismal China trade
Asian equities deflate on dismal China trade

On Tuesday, Asian equities stood still because gloomy Chinese trade data overshadowed the otherwise positive outlook on global surge, leaving currencies as well as commodities tamed in summer doldrums…

Euro zone investor morale is steady, but expectations weaken
Euro zone investor morale is steady, but expectations weaken

In August, investor sentiment in the euro zone was steady, backed by sturdy current conditions, though future expectations weakened amid ascending worries as for the American economy as well as the potential impact of a widening auto emissions scandal…

Greenback holds steady after American jobs report
Greenback holds steady after American jobs report

On Monday, the evergreen buck didn’t change versus a currency basket, having rebounded from 15-month minimums on the back of a sturdy US jobs report because market participants waited for major inflation data later this week…

Kiwi dips following NZ data
Kiwi dips following NZ data

On Monday, the New Zealand dollar tumbled versus its US rival, after inflation expectations in New Zealand decreased for the last quarter…

Crude dips as ascending output weighs
Crude dips as ascending output weighs

On Monday, oil descended, though still staying close to nine-week maximums, backed by sturdy American jobs data the previous week as well as a moderate sag in the American drill rig count, even as soaring output from OPEC tamed oil markets…

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