Forex News

Key information updates for profitable trading

Aussie drops after mixed data sets
Aussie drops after mixed data sets

On Monday, the Australian dollar descended in Asia on mixed data sets, which demonstrated that retail sales missed expectations, the manufacturing PMI eased, though home building figures gained…

Greenback starts trading week on back foot
Greenback starts trading week on back foot

On Monday, the major American currency started the trading week on the back foot because some lackluster US data along with comments from Fed officials gave traders few catalysts to build on their greenback exposure…

Euro zone inflation drop might back cautious Draghi
Euro zone inflation drop might back cautious Draghi

This month euro zone inflation dipped, probably vindicating ECB President Mario Draghi's cautious policy stance and also proving that the EU bloc might still be years away from a sustained ascend in consumer prices…

American crude prices fight to keep a grip on $50 a barrel
American crude prices fight to keep a grip on $50 a barrel

On Friday, American crude futures moderated on the heels of a second-straight leap, churning on either side of the closely monitored $50-a-barrel level as market participants weighed the previous week’s slowdown in domestic inventory surge as well as…

Germany asks EU to file WTO complaint against America
Germany asks EU to file WTO complaint against America

The European Union is expected to consider filing a complaint at the World Trade Organization against the United States of America as for planned duties on imports of steel plate from five EU member states, as the German foreign minister disclosed on…

Gold edges down on stronger greenback
Gold edges down on stronger greenback

On Friday, gold moved lower because the week’s positive American data kept boosting optimism over the strength of the US economy and to back demand for the American currency…

British pound slumps after mixed UK data
British pound slumps after mixed UK data

On Friday, the British pound decreased against the American dollar, following the publication of dismal British economic growth data as well as a more upbeat report on the country’s current account…

Greenback leaps, on track for weekly revenues
Greenback leaps, on track for weekly revenues

On Friday, the evergreen buck added during Asian trading, heading for weekly profits after solid American economic data contrasted with figures demonstrating euro zone inflation cooling…

Aussie and Kiwi drop vs. stronger US dollar
Aussie and Kiwi drop vs. stronger US dollar

On Thursday, the Australian and New Zealand dollars tumbled against their US rival, as the major American currency remained backed by the issue of positive American data earlier in the week…

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