Forex News

Key information updates for profitable trading

American stock futures ascend ahead of data
American stock futures ascend ahead of data

On Monday, Wall Street futures pointed to a higher start because global stocks got off to an upbeat start to the week with market participants looking ahead to economic data as well as an appearance from ex-Federal Reserve chief Ben Bernanke, while…

Gold stands still at the beginning of busy week
Gold stands still at the beginning of busy week

On Monday, gold didn’t change in European morning trade because traders looked ahead to comments from major Fed officials as well as a bunch of US economic reports in the week ahead for fresh signs of the major bank's probable rate hike trajectory…

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…

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