Forex News

Key information updates for profitable trading

Gold soars in Asia as traders wait for Fed views
Gold soars in Asia as traders wait for Fed views

On Wednesday, gold prices soared in Asia, with the fresh Fed view on interest rates awaited by the financial markets, to understand if weaker than expected surge and a slower legislative process on tax cuts as well as spending plans by the Trump…

Greenback drops as American data keeps weighing
Greenback drops as American data keeps weighing

On Tuesday, the evergreen buck declined versus other key currencies, as last session’s dismal American economic reports kept weighing and trading was supposed to remain quiet with no American data set to be published throughout the trading session…

AUD/USD clings to revenues
AUD/USD clings to revenues

On Tuesday, the currency pair AUD/USD pair actually kept to its bid tone for the second trading session…

Crude edges down in Asia on Caixin PMI
Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

Yen heads south after Caixin
Yen heads south after Caixin

On Tuesday, the Japanese yen traded modestly weaker and the Australian dollar surged in Asia, following a newly issued poll on manufacturing from China, offering a softer than expected outcome…

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