Forex News

Key information updates for profitable trading

Oil holds profits in Asia
Oil holds profits in Asia

On Monday, oil held profits in Asia, following supporting comments by the Russian as well as Saudi energy ministers…

European stocks fluctuate on UK vote
European stocks fluctuate on UK vote

On Friday, European stocks fluctuated after the UK’s election gave no clear winner on the eve of Brexit negotiations, although a tumble in the British pound provided an edge to stocks in British exporters…

Gold moves down on stronger greenback
Gold moves down on stronger greenback

On Friday, gold descended because the greenback managed to regain some ground after Thursday’s three key risk events, though financial markets were still waiting for the final outcome of the British election…

Crude stabilizes after abrupt dips
Crude stabilizes after abrupt dips

On Friday, crude managed to stabilize, following abrupt dips earlier this week, though they were still suppressed by evidence of an everlasting fuel glut notwithstanding efforts led by OPEC to tighten the market by simply holding back output…

British election upset suppresses sterling
British election upset suppresses sterling

On Friday, the British pound sank steeply right after British Prime Minister Theresa May's Conservative Party suddenly fell short of an expected majority in the country’s general election…

Sterling approaches two-week peak before UK vote
Sterling approaches two-week peak before UK vote

On Thursday, the British pound traded close to a two-week high, backed by hopes that Prime Minister Theresa May's party will grasp a majority in Britain's general election, while the common currency was intact ahead of a ECB policy announcement…

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