Forex News

Key information updates for profitable trading

Greenback nurses losses as outlook is still wary
Greenback nurses losses as outlook is still wary

On Monday, the US currency slid versus a trade-weighted basket of currencies, having posted its biggest weekly descend for three weeks as hopes for American rate hikes dwindled further after dismal inflation data…

Aussie stands still, Kiwi slides in late trade
Aussie stands still, Kiwi slides in late trade

On Monday, the Australian dollar didn’t change versus its American rival, while the New Zealand dollar declined notwithstanding the publication of positive local retail sales data because dismal economic reports from China affected risk sentiment…

Firm China economic surge demonstrates signs of fading in July
Firm China economic surge demonstrates signs of fading in July

In July, China's firm economic surge demonstrated clear signs of fading because lending costs grew and the gravity-defying property market descended, although activity levels mostly remained sturdy, propped up by a year-long construction boom…

Yen dips in Asia after shocking GDP gains
Yen dips in Asia after shocking GDP gains

On Monday, the Japanese yen sagged in Asia after better that expected GDP led market participants to back off on recent revenues because tensions on the Korean peninsula are still monitored and after China data demonstrated some weakness…

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