Forex News

Key information updates for profitable trading

Gold heads north
Gold heads north

On Monday, gold rallied because market participants looked ahead to a busy week of Fed speakers for new clues on the probable trajectory of monetary policy…

China's industrial revenues leap in October
China's industrial revenues leap in October

China's industrial companies withstood a broad government crackdown on financial risks because revenues kept rallying the previous month in a stabilizing force for the world's number two economy that has started cooling moderately for recent months…

Euro hits two-month maximum on positive German sentiment data
Euro hits two-month maximum on positive German sentiment data

On Monday, the common currency reached a two-month maximum against the evergreen buck and held firm versus other key currencies due to firm German business confidence as well as reduced anxiety as for political instability in Europe's leading economy…

Crude is still backed
Crude is still backed

On Friday, oil was still underpinned amid everlasting optimism as for the rebalancing of the crude market, while the partial closure of the major North-American pipeline generated supply disruption worries…

British mortgage approval rate goes down
British mortgage approval rate goes down

In October, the overall number of mortgages approved by the British Banker’s Association went down to a 13-month minimum, as industry data disclosed on Friday…

Indonesia equities rally at close of trade
Indonesia equities rally at close of trade

On Friday, Indonesia shares rallied after the close because revenues in the Miscellaneous Industry, Infrastructure as well as Consumer Industry sectors brought stocks up…

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