Forex News

Key information updates for profitable trading

Aussie heads south
Aussie heads south

On Wednesday, the Australian dollar dipped in Asia because consumer prices data came in a tad weaker than expected…

Asian shares go up as traders eye Trump tax details
Asian shares go up as traders eye Trump tax details

On Wednesday, Asian stocks managed to gain because expectations that Donald Trump would disclose  an ambitious tax cutting initiative backed market sentiment, although traders told there was caution as Trump hasn’t yet tasted legislative success on his…

Gold edges down in Asia
Gold edges down in Asia

On Wednesday, gold sagged moderately in Asia with no new support triggers in regional tensions on the Korean peninsula as well as caution ahead of tax plan details expected from America later in the day that when approved by Congress could potentially…

Crude dips on bulging American crude inventories
Crude dips on bulging American crude inventories

On Wednesday, crude prices resumed their downward trend, as data demonstrated a soar in American crude inventories as well as record supplies in the rest of the world generated doubt as for OPEC's ability to reduce supplies and also tighten the…

Yen drops as risk sentiment recovers
Yen drops as risk sentiment recovers

On Wednesday, the Japanese yen declined, staying under pressure as risk sentiment improved and safe haven demand sagged, following the first round of the French presidential election…

Ericsson drops to quarterly operating loss
Ericsson drops to quarterly operating loss

On Tuesday, mobile telecom equipment maker Ericsson suddenly tumbled to a quarterly operating loss, affected by shrinking markets as well as restructuring costs…

Taiwan stocks rally at close of trade
Taiwan stocks rally at close of trade

On Tuesday, Taiwan stocks went up after the close because revenues in the Optoelectronic, Iron & Steel as well as Machinery sectors brought stocks up…

Crude surges in Asia
Crude surges in Asia

On Tuesday, crude posted further revenues in Asia, ahead of industry estimates of crude as well as refined product inventories in America expected to demonstrate declines…

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