Forex News

Key information updates for profitable trading

Aussie rose on RBA meeting minutes
Aussie rose on RBA meeting minutes

According to the minutes of the Reserve Bank of Australia’s July meeting, released today, the Australian economy was improving…

Gold keeps gaining ground on strong data
Gold keeps gaining ground on strong data

On Tuesday, gold kept gaining ground in Asia just a day after China posted strong second quarter GDP, retail sales and industrial output figures for June…

Greenback nurses losses on flourishing carry trades
Greenback nurses losses on flourishing carry trades

On Monday, the greenback nursed losses at a 10-month minimum versus a basket of currencies because market participants cheered positive Chinese data by simply piling into leveraged positions, including the Australian dollar as well as other high-yielding…

Asian stocks ascend on firm China GDP
Asian stocks ascend on firm China GDP

On Monday, Asian stocks set a fresh two-year peak, underpinned by stronger-than-expected economic surge in China as well as bets that dismal American data will keep the Fed cautious as for the pace of further monetary policy tightening…

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