Forex News

Key information updates for profitable trading

European shares tack on
European shares tack on

On Wednesday, upbeat signs from trade negotiations between the world's two leading economies spurred EU equities, while the threat of a blocked merger deal had Sainsbury's shares suppressed…

Evergreen buck goes down ahead of Fed minutes
Evergreen buck goes down ahead of Fed minutes

On Wednesday, the evergreen buck slumped versus the common currency and the UK pound because a dive in American Treasury gains diminished its attractiveness in the face of hopes for dovish news on interest rates from the major US bank…

Evergreen buck extends losses
Evergreen buck extends losses

On Tuesday, the evergreen buck kept slumping for three sessions in a row because dovish remarks from a Fed representative put downward pressure on the US currency…

American equities struggle for direction
American equities struggle for direction

On Tuesday, American shares struggled for direction due to the fact that profits in Walmart compensated losses in financials, with trade negotiations between China and America in focus…

Gold surges to fresh 9-month maximums
Gold surges to fresh 9-month maximums

On Tuesday, gold managed to rally because traders awaited the publication of the minutes from the recent Fed policy gathering with hopes for them to confirm the major financial institution’s dovish policy stance…

Canadian dollar goes down
Canadian dollar goes down

On Tuesday, the Canadian dollar inched down versus its American rival due to the fact that an uncertain outlook for global trade compensated the lift from the highest crude prices for three months…

Greece might end up missing euro zone cash
Greece might end up missing euro zone cash

There’s a likelihood next month that Greece won’t receive up to 750 million euros, it’s expected to get under a debt relief deal with the EU concluded in 2018 because this European country has failed to complete a number of agreed reforms…

ECB will estimate health of bank credit
ECB will estimate health of bank credit

Next month, the European Central Bank is on the verge of reassessing the outlook for bank lending next month because there’s a likelihood that EU financial institutions could tighten credit supply and drive the current economic deceleration…

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