Forex News

Key information updates for profitable trading

Crude holds revenues on API estimates
Crude holds revenues on API estimates

On Wednesday, crude held revenues in Asia because industry estimates revealed a much sharper draw in American crude inventories expected, although higher than seen gasoline stocks affected market sentiment…

Greenback slumps in Asia on policy concerns
Greenback slumps in Asia on policy concerns

On Wednesday, the evergreen buck inched down in Asia and the Japanese yen soared on safe-haven demand because President Donald Trump dared to sack FBI Director James Comeyover, reportedly unable to handle sensitive investigations…

Gold soars in Asia as Trump's firing of Comey spurs policy worries
Gold soars in Asia as Trump's firing of Comey spurs policy worries

On Wednesday, gold grew in Asia because financial markets reacted to Donald Trump’s recent decision to fire FBI Director James Comey, thinking that the resulting political blowback could undermine efforts at tax cuts as well as other economic policy aims…

Bitcoin leaps to all-time peak above $1,700
Bitcoin leaps to all-time peak above $1,700

On Tuesday, digital currency bitcoin reached a record peak because demand for crypto-assets inched up with the creation of fresh tokens to lift funding for start-ups via blockchain technology…

Bank of England is about to open up interbank payments
Bank of England is about to open up interbank payments

On Tuesday, the Bank of England told that by the middle of 2017 it’s about to set out plans to widen access to the UK’s interbank payment system, as part of efforts to spur the country's financial infrastructure…

American stock futures wait for earnings
American stock futures wait for earnings

On Tuesday, Wall Street futures pointed to a flat start because market participants looked ahead to a string of earnings, some data on the labor market as well as appearances by Fed members…

Greenback and euro go up versus yen
Greenback and euro go up versus yen

On Tuesday, the evergreen buck along with the common currency moved up versus the Japanese yen, spurred by diverging outlooks for economic surge as well as tighter monetary policy…

Asian shares show mixed performance
Asian shares show mixed performance

On Tuesday, Asian stock markets were quite mixed, reacting to a flat close on Wall Street because market participants looked for the next catalyst following France's presidential election…

Aussie drops further on poor retail sales
Aussie drops further on poor retail sales

On Tuesday, the Australian dollar sagged because retail sales figures disappointed and market participants waited for Prime Minister Malcolm Turnbull's second budget…

Gold goes up on Fed views in Asia
Gold goes up on Fed views in Asia

On Tuesday, gold prices soared in Asia in light trade with market participants cautious ahead of a widely expected Fed rate lift in June as well as prospects for a stronger greenback…

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