Forex News

Key information updates for profitable trading

Asian currencies are steady
Asian currencies are steady

On Wednesday, Asian currencies managed to maintain their strength notwithstanding the Chinese Yuan kept dropping versus the greenback and the Philippine peso kept to 11-year minimums…

China's property market goes down
China's property market goes down

In Beijing, in June, home property prices went down for the first time for more than two years, while Shanghai further dipped and Shenzhen stood still, pointing to considerable cooling in China's number one real estate markets, as official data unveiled…

Bank of England won’t tighten monetary policy this year
Bank of England won’t tighten monetary policy this year

Above-target inflation can hardly make the Bank of England tighten monetary policy in 2017 or next year because Britain’s major financial institution is waiting to see if wage leaps catch up with price jumps and how divorce talks with the EU pan out, as…

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…

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