Forex News

Key information updates for profitable trading

South Korea signals broad tax lifts
South Korea signals broad tax lifts

South Korea requires raising taxes broadly on the general population, and with the affluent taxed to a greater degree for the purpose  paying for more jobs as well as welfare programs, as the head of the country's presidential jobs committee, Lee…

Crude futures ascend 1% after American stockpile draw
Crude futures ascend 1% after American stockpile draw

On Thursday, crude futures headed north, having dipped to a three-week minimum in the previous session, affected by a report from an industry body, which showed American crude stockpiles had sunk more than expected…

British pound declines on election fears
British pound declines on election fears

On Thursday, the British pound retreated, following concerns that Britain’s Prime Minister Theresa May could lose control of the country’s parliament in June 8 election…

Gold and copper lose in Asia
Gold and copper lose in Asia

On Thursday, gold and copper weakened in Asia because a major measure of China manufacturing disclosed a sag into contraction in May…

Stocks in Asia are mixed due to PMIs in China
Stocks in Asia are mixed due to PMIs in China

On Thursday, Asian stocks demonstrated mixed performance, following manufacturing surveys, which revealed a revenue in Japan, though weaker views in China weighed on Asian shares…

Greenback gains some ground on American rate lift expectations
Greenback gains some ground on American rate lift expectations

On Wednesday, the evergreen buck soared versus other key currencies, underpinned by rising hopes for a June rate lift in America, and as traders turned their attention to a major American employment report, expected to emerge at the end of the week…

Pound shows 1-month lows amid British political jitters
Pound shows 1-month lows amid British political jitters

On Wednesday, the British pound sagged versus the greenback, re-approaching a one-month minimum after the publication of dismal British data and amid ascending political uncertainty in the United Kingdom ahead of the June 8 election…

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