Forex News

Key information updates for profitable trading

Stocks in Asia mostly decline
Stocks in Asia mostly decline

On Tuesday, Asian shares mostly headed south in cautious trade ahead of major events later in the week, with the United Kingdom heading to surveys on Thursday as well as ex-FBI chief James Comey set to testify to US Congress…

Gold stands still as RBA holds steady as expected
Gold stands still as RBA holds steady as expected

On Tuesday, gold jumped, with traders holding positions ahead of the British election on Thursday as well as testimony to Congress by the sacked FBI chief, which could potentially affect the Trump administration's further plans for economic reforms…

Australian dollar soars as RBA holds just as expected
Australian dollar soars as RBA holds just as expected

On Tuesday, the Australian dollar revived in Asia right after the latest major bank rate review held steady, thus  shrugging off the current account because it dared to widen further than previously expected into deficit…

Crude prices descend due to Middle East issues
Crude prices descend due to Middle East issues

On Tuesday, crude sagged for a third day, affected by worries that a political rift between Qatar as well as several Arab states would strictly undermine an OPEC-led initiative to tighten the oil market…

Greenback hits 6-week minimum against yen ahead of UK vote
Greenback hits 6-week minimum against yen ahead of UK vote

On Tuesday, the evergreen buck hit a six-week minimum versus the safe-haven yen because caution mounted ahead of Britain's upcoming election, another ECB meeting as well as ex-FBI Director James Comey's testimony to a Senate committee, and all of these…

Sterling holds weaker due to London attacks
Sterling holds weaker due to London attacks

On Monday, the British pound held weaker in Asia because financial markets digested a weekend attack in London, which murdered seven people after a van suddenly mowed down pedestrians on London Bridge, then attackers from the van fanned out and got down…

Crude leaps in Asia
Crude leaps in Asia

On Monday, oil held revenues in Asia notwithstanding a break by several Middle East as well as Gulf countries with Qatar because Egypt, Saudi Arabia, the UAE along with Bahrain snapped commercial and diplomatic ties…

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