Strong American jobs gains are observed in July
In July, American employers managed to keep a sturdy tempo of hiring, while lifting wages for employees…
Forex News
Key information updates for profitable trading
Crude sags on high OPEC supplies and ascending US production
On Friday, crude markets tumbled, with American crude still staying below $50 per barrel, weighed by ascending output from the USA and OPEC members…
Gold slides in Asia ahead of American nonfarm payrolls
On Friday, gold decreased in Asia, with nonfarm payrolls ahead expected to set greenback direction considered significant for overseas buyers from key importers, including China and India…
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…
British pound reaches 11-month maximums as UK services activity gains
On Thursday, the British pound rallied to the highest value since September versus the American currency after data telling that activity in UK service sector surged in June…
British services activity inches up in July
In July, activity in the British service sector surged more than expected, putting an end to two months of dips and spurring optimism over the UK economy because the sector makes up nearly 80% of GDP, as industry data disclosed on Thursday…
Asian equities decline on regional data
On Thursday, Asian equities drifted weaker in cautious trade after poor regional data and also a look ahead to nonfarm payroll reports from America at the end of the week…
Ascend in China's services sector declines in July
In July, China's services sector expanded at a moderately slower pace because new business surge eased, as a private business survey revealed on Thursday, paying attention to potential softening in a major part of the world's number two economy…
Aussie sinks further on disappointing trade
On Thursday, the Australian dollar declined further during early Asia because the trade balance fell short of surplus hopes and Caixin reported its PMI for services in China went down as nonfarm payrolls are expected at the end of the week…
Crude inches down on high OPEC supplies
On Thursday, crude declined because a surge, which has pushed up crude prices by nearly 10% since early the previous week lost momentum notwithstanding renewed indications of a gradually tightening American market…
Greenback shrugs off 15-month low
On Thursday, the evergreen buck inched away from a 15-month minimum against a basket of crucial currencies, although the US currency was still looking wobbly because of doubts as for whether there will be another American interest rate hike in 2017 or…
Gold moves down in Asia
On Thursday, gold slumped in Asia, with the evergreen buck in focus ahead of American nonfarm payrolls at the end of the trading week…
