Forex News

Key information updates for profitable trading

Australian dollar edges down on China's dipping sovereign rating
Australian dollar edges down on China's dipping sovereign rating

On Wednesday, the Australian dollar tumbled because Moody's Investors Service dared to downgrade China's credit rating to from Aa3 to A1, changing its outlook from negative to stable, citing hopes that China's financial strength will erode in the nearer…

Mexico surge outlook improves on exports
Mexico surge outlook improves on exports

The outlook for Mexico's economy improved due to stronger factory exports in the first quarter as well as a more upbeat tone on trade negotiations with the USA, as a top finance ministry official told on Monday…

In Asia oil declines on profit-taking
In Asia oil declines on profit-taking

On Tuesday, oil slumped in Asia on profit-taking, and in careful trade after a terrible explosion at a concert venue in Manchester was supposed to be a terror attack with news suggesting that the authorities are considering rescheduling the June 8…

Pound tumbles vs yen
Pound tumbles vs yen

On Tuesday, the British pound sank versus the Japanese yen after a suspected terrorist attack at a concert in Manchester, while the common currency hovered close to a six-month peak versus the greenback after German Chancellor Angela Merkel told that the…

Bitcoin leaps to all-time peak above $2,100
Bitcoin leaps to all-time peak above $2,100

On Monday, bitcoin managed to clear the $2,100-level for the first time to reach a fresh record peak, as a monster soar is still actual amid bullish noises as for the future of the cryptocurrency…

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