Forex News

Key information updates for profitable trading

Greenback reaches 6-week minimums vs. yen
Greenback reaches 6-week minimums vs. yen

On Wednesday, the evergreen buck extended losses versus the Japanese yen after the Bank of Japan reduced the size of its bond purchases in the previous session, spurring rumors that it could start scaling back its monetary stimulus later in 2018…

China demonstrates the slowest factory inflation for 13 months
China demonstrates the slowest factory inflation for 13 months

In December 2017, China's producer prices tacked on at their slowest pace for 13 months because the government's strict measures against winter smog affected factory demand for raw materials, hinting that the world's number two economy has started…

Asian equities step back from 2007 maximum
Asian equities step back from 2007 maximum

On Wednesday, Asian stocks stepped back from testing their 2007 record maximum because traders booked profits in high-tech equities, while crude hit three-year maximums because of output cuts and a sag in inventories…

Gold dives in Asia on China consumer prices
Gold dives in Asia on China consumer prices

On Wednesday, gold sank in Asia because the previous month weaker than anticipated consumer inflation in China affected views on global inflation soaring more than expected this year…

Crude reaches its highest value since May 2015
Crude reaches its highest value since May 2015

On Tuesday, crude rallied further above $68 a barrel, hitting its highest value since May 2015, underpinned by OPEC-led output cuts as well as hopes that American crude inventories dived for an eighth week…

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