Forex News

Key information updates for profitable trading

Soar in industry orders suggests German industry will gain steam
Soar in industry orders suggests German industry will gain steam

In June, German industrial orders went up twice as much as expected because a soar in domestic demand compensated weaker foreign appetite, as Friday’s data showed, hinting this sector of the EU’s largest economy will manage to gain traction in the nearer…

European equities go down suppressed by Swiss Re
European equities go down suppressed by Swiss Re

On Friday, European stocks edged down in early deals because market participants focused on a bunch of mixed company outcomes with insurance company Swiss Re affected after missing revenue estimates…

Greenback sticks to 15-month minimums ahead of NFP report
Greenback sticks to 15-month minimums ahead of NFP report

On Friday, the evergreen buck was sticking to 15-month minimums versus other key currencies because last session’s dismal American service sector data kept weighing and traders waited for the publication of a major American employment report…

Aussie declines on policy views
Aussie declines on policy views

On Friday, the Australian dollar sank after a major bank view on the economy dimmed positive retail sales with the greenback under pressure on a report of enhanced legal activity into allegations Russia colluded to affect the American elections…

British services activity inches up in July
British services activity inches up in July

In July, activity in the British service sector surged more than expected, putting an end to two months of dips and spurring optimism over the UK economy because the sector makes up nearly 80% of GDP, as industry data disclosed on Thursday…

Asian equities decline on regional data
Asian equities decline on regional data

On Thursday, Asian equities drifted weaker in cautious trade after poor regional data and also a look ahead to nonfarm payroll reports from America at the end of the week…

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