Forex News

Key information updates for profitable trading

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…

Aussie earns further in Asia
Aussie earns further in Asia

On Monday, the Australian dollar ascended further in Asia, and the evergreen buck kept an edge on the Japanese yen with construction data for July backing views in Australia as well as decent FX reserves in Japan seen…

Soar in industry orders suggests German industry will gain steam
Soar in industry orders suggests German industry will gain steam

In June, German industrial orders went up twice as much as expected because a soar in domestic demand compensated weaker foreign appetite, as Friday’s data showed, hinting this sector of the EU’s largest economy will manage to gain traction in the nearer…

European equities go down suppressed by Swiss Re
European equities go down suppressed by Swiss Re

On Friday, European stocks edged down in early deals because market participants focused on a bunch of mixed company outcomes with insurance company Swiss Re affected after missing revenue estimates…

Greenback sticks to 15-month minimums ahead of NFP report
Greenback sticks to 15-month minimums ahead of NFP report

On Friday, the evergreen buck was sticking to 15-month minimums versus other key currencies because last session’s dismal American service sector data kept weighing and traders waited for the publication of a major American employment report…

Aussie declines on policy views
Aussie declines on policy views

On Friday, the Australian dollar sank after a major bank view on the economy dimmed positive retail sales with the greenback under pressure on a report of enhanced legal activity into allegations Russia colluded to affect the American elections…

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