Forex News

Key information updates for profitable trading

Greenback soars on Fed talk
Greenback soars on Fed talk

On Wednesday, the greenback drifted away from 4-1/2-month minimums against a currency basket after solid data backed hopes for more American interest rate lifts this year, while the British pound was knocked by the UK triggering its exit from the EU…

Crude ascends on Libyan supply disruptions
Crude ascends on Libyan supply disruptions

On Wednesday, crude prices extended their revenues from last session, driven by supply disruptions in Libya as well as expectations that an OPEC-led output reduction is going to be extended into the second half of 2017…

Gold goes down in Asia
Gold goes down in Asia

On Wednesday, gold sank in Asia, with markets waiting for Britain’s formal move to start a split from the European block later in the day…

British pound declines in Asia as markets wait for Brexit details
British pound declines in Asia as markets wait for Brexit details

On Wednesday, the British pound dropped in Asia, as markets looked ahead to Britain’s formal move to start a split from the EU later in the day, an historic moment, which will see British Prime Minister Theresa May outline the end game on areas from…

European shares bounce back
European shares bounce back

On Tuesday, European stocks stepped higher  because financial experts told that worries were abating over whether the Trump administration will be capable of pushing through pro-growth reforms in the world’s number one economy or not…

British shares revive slightly from dip
British shares revive slightly from dip

On Tuesday, British stocks soared, backed by American markets ending their session quite above their worst levels, although market participants appeared to stay away from big bets ahead of a major Brexit step…

China will punish companies for fake trade data
China will punish companies for fake trade data

China is on the verge of punishing companies if they are caught reporting fake trade data, as the customs administration informed on Tuesday, as it released details on enforcement of a credit system for foreign trade companies…

Crude prices hold revenues in Asia
Crude prices hold revenues in Asia

On Tuesday, crude prices rebounded in Asia, with industry reports on inventories ahead expected to set the near-term tone as well as comments by the an official with the Paris-based International Energy Agency, dropping a hint at solid demand from Asia…

Gold declines in Asia
Gold declines in Asia

On Tuesday, gold prices sank in Asia, as market participants mulled renewed demand prospects from China, reacting to data, which showed China's net-gold imports via major conduit Hong Kong soared 50…

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