Forex News

Key information updates for profitable trading

Australian dollar drops on dismal Q2 CPI figures
Australian dollar drops on dismal Q2 CPI figures

On Wednesday, the Australian dollar dived in Asia as consumer prices for the second quarter ruined hopes, with the Federal Reserve expected to unveil its views on rates soon to set the overall tone…

FTSE 100 rallies with crude stocks up
FTSE 100 rallies with crude stocks up

On Tuesday, British blue chip equities jumped, with well-received corporate updates as well as profits for crude producers assisting the market's benchmark to chip away at a steep loss logged during last session…

Gold keeps to 1-month maximum ahead of Fed meeting
Gold keeps to 1-month maximum ahead of Fed meeting

On Tuesday, gold stuck to the month’s maximum in European trade because market participants looked ahead to a Federal Reserve policy gathering for any clues on the timing of the next American rate lift as well as prompts on how the key US financial…

Crude extends revenues as Saudi promises export curbs
Crude extends revenues as Saudi promises export curbs

On Tuesday, crude prices extended revenues after Saudi Arabia promised to curb exports from next month, while OPEC called on several participants to boost compliance with output cuts for the purpose of reining in global oversupply and tackling flagging…

Greenback soars from 13-month minimums
Greenback soars from 13-month minimums

On Tuesday, the evergreen buck drifted away from a 13-month minimum versus a basket of currencies in an attempt to shrug off a recent selloff after positive American economic data because traders waited for this week's Federal Reserve gathering for…

High-flying euro suppresses European equities
High-flying euro suppresses European equities

On Monday, the euro reached a 23-month peak versus an ailing greenback, putting pressure on equities of EU exporters before weaker-than-expected German business activity suppressed the common currency…

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