Forex News

Key information updates for profitable trading

Japanese stocks move towards two-year peak
Japanese stocks move towards two-year peak

On Tuesday, Japanese stocks moved towards two-year peak because exporters derived benefits from the greenback’s strength, with traders expecting comments from Fed Chair Janet Yellen to back the Fed's projection for one more interest rate lift in 2017…

Greenback firms versus yen as traders wait for Yellen speech
Greenback firms versus yen as traders wait for Yellen speech

On Tuesday, the US currency stood tall, moving to a one-month peak versus the Japanese yen as market participants waited to see if Fed Chair Janet Yellen would stick to her upbeat economic outlook at an event later in the world session…

American stock futures ascend ahead of data
American stock futures ascend ahead of data

On Monday, Wall Street futures pointed to a higher start because global stocks got off to an upbeat start to the week with market participants looking ahead to economic data as well as an appearance from ex-Federal Reserve chief Ben Bernanke, while…

Gold stands still at the beginning of busy week
Gold stands still at the beginning of busy week

On Monday, gold didn’t change in European morning trade because traders looked ahead to comments from major Fed officials as well as a bunch of US economic reports in the week ahead for fresh signs of the major bank's probable rate hike trajectory…

American home lenders expect leaner times
American home lenders expect leaner times

American mortgage lenders are actually bracing for rockier times because consumers demand for home loans keeps going down and competition in the mortgage industry surges, according to Fannie Mae's latest quarterly poll, issued on Monday…

Asian stocks ascend on optimism over global soar
Asian stocks ascend on optimism over global soar

On Monday, Asian stocks went up on optimism over global surge, while the greenback stood on the defensive as a subdued American inflation outlook capped American bond yields and also raised questions whether the Fed intends to tighten its policy or not…

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