Forex Market and Trading News

25.05.2017 10:08 Aussie and Kiwi are almost intact vs. greenback after Fed minutes

On Thursday, the Australian and New Zealand dollars were nearly intact versus their American rival, right after the minutes of the Fed’s latest policy gathering spurred expectations for a June rate lift…

25.05.2017 09:00 Taiwan stocks move up at close of trade

On Thursday, Taiwan stocks ascended after the close…

25.05.2017 08:12 South Korea major bank keeps interest rate on hold

On Thursday, South Korea's major bank kept interest rates intact, taking rather a bullish view of economic surge prospects because a new administration considers multi-billion-dollar fiscal stimulus measures…

25.05.2017 07:16 Oil holds its revenues as OPEC and allies are set for Vienna meeting

On Thursday, oil held profits in Asia, with all eyes on Vienna, exactly where OPEC as well as allied producers are expected to extend a highly anticipated crude output cut pact by up to nine months…

25.05.2017 06:53 Gold moves up in Asia on Fed dovish tone

On Thursday, gold strengthened in Asia because market participants considered the Fed’s May meeting minutes to be dovish…

25.05.2017 06:18 Greenback is on defensive, following Fed minutes

On Thursday, the greenback find itself on the defensive after the Fed suppressed some of the more hawkish policy expectations, while the common currency got to a 6-1/2-month peak…

25.05.2017 05:37 Asian stocks reach two-year peak after Fed hints at gradual tightening

On Thursday, Asian stocks hit two-year peaks, while the evergreen buck and American bond yields dipped after the Fed signaled a cautious approach to future rate lifts as well as the reduction of its $4…

24.05.2017 10:32 China considers domestic manufacturing push

China's intention to step up its domestic manufacturing industry has been misunderstood by foreign companies as a move to favor Chinese companies over foreign competition, as a government official informed on Wednesday…

24.05.2017 10:20 EU shares start lower in cautious trade

On Wednesday, EU stocks started lower in cautious trade, right after China’s rating was downgraded by Moody’s…

24.05.2017 08:34 Evergreen buck stands still before Fed minutes

On Wednesday, the greenback was intact versus a basket of the other crucial currencies after backing away from nearly seven month minimums, while China’s Yuan dropped after the country’s credit rating was reduced…

24.05.2017 07:47 Crude jumps in Asia on API estimates

On Wednesday, oil grew in Asia after industry data on American inventories demonstrated that refined products slumped more than expected, although crude stocks didn’t drop as much as seen…