forex news

The US Senate asserted the decision to ban Russian oil and gas supplies today. The EU is also discussing imposing similar bans on all or most Russian energy supplies. The strict measures comes following news of massacres committed by the Russian army in several Ukrainian cities. EUR/USD fell...

The latest UK inflation data will be a stark reminder to the Bank of England that price pressures are getting out of control and that interest rate hikes are needed, and quickly. Headline UK inflation hit a decade high 5.1% in November, beating forecasts of 4.7% and a prior month's reading of...

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Forex Market News - Dollar Up Over COVID-19 Worries and Potential U.S. Tax Hikes The dollar was abreast of Wednesday morning in Asia near a four-month high, as COVID-19 concerns, potential U.S. tax hikes, and tensions over tit-for-tat sanctions between China and therefore the West turned...

Forex Market News - Dollar Up, Even After Fed Sticks to Dovish Tone in its Policy Decision The dollar was up on Thursday morning in Asia, with the U.S. Federal Reserve System saying it had been in no rush to boost interest rates through all of 2023 even after predicting a V-shaped recovery...

Futures on major US indices were trading in positive territory at the time of writing. Dow Jones and S&P 500 futures rose to 25031 and 3020.12 respectively at the time of writing. On the earnings front, Hibbett Sports and Viomi Technology are scheduled to release their quarterly results before...

AUD/NZD: Bears in dispute after mighty NZ retail sales and eye crack of key confirm 1.0370 AUD/NZD extends downside going in financial credit to for mighty New Zealand retail sales. AUD/NZD is currently trading at 1.0400, gone than an optional add-on data low of 1.0379 from a trigger tall of...

NZD/USD remains more or less track to finish the week more than 100 pips demean NZD/USD recovers modestly on the subject of Friday. Disappointing employment data weighs regarding the NZD this week. US Dollar Index looks to toting taking place its highest weekly heavy of 2019. The NZD/USD pair...

Dollar Hits New 2019 High as Trade Fears Hit Stocks The dollar hit a subsidiary high for 2019 touching most major currencies Friday as discouraging remarks in this area the order of trade from President Donald Trump spooked the accrual serve. Trump said Friday it was "probably too soon" to...

AUD/USD yet problem the RBA statement, near 0.7130 The pair is all along again 1% to the 0.7130/20 band. The recent neuter stance from the RBA keeps hurting AUD. RBAs Lowe said the probability of a rate hike/scratch appears balanced. The sell-off in the Aussie Dollar remains proficiently in an...

Dollar Hits New Highs vs Euro, Pound as Brexit, Data Weigh The U.S. dollar hit a one-week high touching the euro and British pound into the lead trading in Europe Tuesday, building concerning gains in the wake of sound U.S. data last week. The absence of cause problems ahead in talks along...

USD/CAD hangs heavy 3-month lows, just out cold 1.3100 handle The USD builds on Fridays postscript-data rebound and seemed to extend some withhold. Bullish oil prices continue to underpin Loonie and capped the attempted recovery. The USD/CAD pair struggled to register any meaningful...

INTRADAY BUY GBP/USD ABOVE 1.3790: TGT-1.3810-1.3840 : SL – 1.3755 INTRADAY BUY GBP/CAD ABOVE 1.7705: TGT-1.7725-1.7755 : SL – 1.7670 INTRADAY SELL GOLD (SPOT) BELOW 1320: TGT-1317-1312: SL – 1325

Dollar dips on dot-plot disappointment, BoE in focus The Federal Reserve has lifted interest rates to their highest level since the financial crisis, but Dollar bulls are clearly unamused. Although on Wednesday, as widely expected, US interest rates were raised by 0.25% to a new band of...

AUD/USD traded at 0.7827, even though USD/JPY tainted hands at 112.72, the length of 0.04%. The Reserve Bank of Australia unveils its latest join up rate decision in the middle of than expectations of a continued 1.50% photo album low cash rate. In Asia, markets in China remain shut for the...

Waiting for tomorrow news, regarding Job Market. Current Sentiment is bearish as UK Manufacturing Production change enters the negative area again and Last UK Services PMI, UK Construction PMI and UK Manufacturing PMI readings were worse than expected. Also last data regarding UK manufacturing...

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Political Uncertainty Plaguing South Africa – Is There A Profitable Trade In The Rand’s Freefall? The South African Rand had a wonderful first seven months this year when the currency strengthened more than 10 percent against the U.S dollar thanks to a diversified economy with expanding...

Boosted By Banking Stocks, FTSE100 Index Pushes Higher After Holiday FTSE100 index reopened after closing for holiday on Monday, and left a wide gap up following two weeks of declines. Stocks from banking sector led gainers, with HSBC Holdings climbing 2.1%, Lloyd Banking Group PLCs adding...

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