Forex News

Key information updates for profitable trading

BOJ doesn’t change its policy
BOJ doesn’t change its policy

On Thursday, the Bank of Japan kept monetary policy intact and also offered a more positive view of the national economy than the previous month, indicating its confidence that a pick-up in overseas demand will assist to sustain an export-driven revival…

Asian stocks retreat from peaks on doubts over Trump tax plan
Asian stocks retreat from peaks on doubts over Trump tax plan

On Thursday, Asian stocks eased from a near two-year peak as a long-awaited American tax cut plan didn’t manage to inspire market participants, although sentiment remained underpinned by global surge prospects as well as receding worries as for political…

Yen goes down
Yen goes down

On Thursday, the Japanese yen held weaker in Asia after the BOJ held steady just as expected and the White House hinted it won’t move to break up with the North American Free Trade Agreement as earlier reported, thus sending the Canadian and Mexican…

Crude prices sag on lingering oversupply worries
Crude prices sag on lingering oversupply worries

On Thursday, crude prices dived, weighed down by a general sentiment of globally bloated financial markets, although market participants told that prices seemed to have gained support around current levels…

Greenback clings to revenues after Trump tax plan disappointment
Greenback clings to revenues after Trump tax plan disappointment

On Thursday, the evergreen buck clung to revenues versus the Japanese yen after Donald Trump's tax plan provided no fresh surprises, thus halting the greenback's soar, while the market waited for the ECB’s upcoming monetary policy verdict…

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…

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