Forex News

Key information updates for profitable trading

Greenback is firm enough versus a basket of major currencies
Greenback is firm enough versus a basket of major currencies

On Monday, the evergreen buck steadied versus a basket of key currencies, having lost on soft American economic data, with market participants waiting for comments by a top Federal Reserve representative for clues on whether recent surge can be sustained…

Greenback dips ahead of fresh American data
Greenback dips ahead of fresh American data

On Friday, the American dollar went down versus other key currencies, drifting away from a recent two-week peak as market participants were preparing for a fresh storm of American data due later in the day, right after upbeat economic reports underpinned…

Crude sits close to half-year minimums
Crude sits close to half-year minimums

On Friday, crude prices kept to six-month minimums, held down by an everlasting supply overhang, persisting notwithstanding an OPEC-led effort to reduce output and also prop up crude markets…

Gold ascends moderately in Asia
Gold ascends moderately in Asia

On Friday, gold gained moderately in Asia, with market sentiment subdued following the Fed rate lift as well as wavering fortunes for the greenback with traders focused on whether the Trump Administration is capable of getting back on track with its tax…

GBP/USD moves down on UK data
GBP/USD moves down on UK data

On Thursday, the British pound decreased versus the greenback, suppressed by the publication of dismal British retail sales data…

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