Forex News

Key information updates for profitable trading

Greenback grows versus yen having dropped on US political turmoil
Greenback grows versus yen having dropped on US political turmoil

On Monday, the major US currency ascended early Asia, drifting away from the four-month minimum versus the Japanese yen reached in the previous session on worries that White House personnel changes will affect Donald Trump's ability to pass tax reform as…

Chinese banks will demonstrate slowing loan surge
Chinese banks will demonstrate slowing loan surge

Chinese banks are braced for seeing a slowdown in lending surge during the second half of 2017, having used most of their annual credit quota, thus increasing the specter of corporate defaults because financing costs keep rising in the world's number two…

Greenback goes down as market sentiment fluctuates
Greenback goes down as market sentiment fluctuates

On Friday, the evergreen buck went down versus the other key currencies because market participants were still cautious reacting to a terrorist attack in Spain, while American political tensions kept dampening demand for the US currency…

European shares sharply decline after Barcelona attack
European shares sharply decline after Barcelona attack

On Friday, European equities started steeply because market sentiment weakened reacting to news of a recent terrorist attack in Barcelona, while political turmoil in America also kept rattling traders’ confidence…

Gold soars on India-China spat
Gold soars on India-China spat

On Friday, gold drifted moderately higher in Asia, with focus shifting to a tense Himalayan standoff between China and India who were involved in a brief, but fierce border war conflict over the territory in 1962…

Aussie and Kiwi ascend after Australian data
Aussie and Kiwi ascend after Australian data

On Thursday, the Australian and New Zealand dollars inched up versus their American counterpart, following the issue of sturdy Australian employment data, while dovish minutes from the Fed’s latest policy meeting put pressure on the US currency…

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