Forex News

Key information updates for profitable trading

American home lenders expect leaner times
American home lenders expect leaner times

American mortgage lenders are actually bracing for rockier times because consumers demand for home loans keeps going down and competition in the mortgage industry surges, according to Fannie Mae's latest quarterly poll, issued on Monday…

Asian stocks ascend on optimism over global soar
Asian stocks ascend on optimism over global soar

On Monday, Asian stocks went up on optimism over global surge, while the greenback stood on the defensive as a subdued American inflation outlook capped American bond yields and also raised questions whether the Fed intends to tighten its policy or not…

Greenback tumbles as American yields are still low
Greenback tumbles as American yields are still low

On Monday, the evergreen buck went down against its key peers, losing traction as American Treasury yields were still low amid fading hopes that the Fed will raise interest rates again later in 2017…

Crude leaps 1% on weaker greenback
Crude leaps 1% on weaker greenback

On Monday, crude prices leapt more than 1% on a weaker greenback, but another ascend in American drilling activity stoked concerns that a global supply glut will go on notwithstanding an OPEC-led effort to tame output…

EUR/USD soars on mixed EZ data
EUR/USD soars on mixed EZ data

On Friday, the common currency went up versus its American counterpart, following the publication of mixed euro zone economic reports because demand for the American currency remained vulnerable enough, following the previous session’s dismal American…

European shares move down
European shares move down

On Friday, European stocks decreased because market participants were focused on a slew of economic reports from the euro zone, not to mention the second day of negotiations between European leaders in Brussels…

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