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Forex News
Key information updates for profitable trading
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Japanese exports go down at a slower tempo in February
In February, Japan's exports slumped at a much slower tempo than in January, although dismal global demand as well as US-China trade clashes keep clouding the outlook…
UK pound stabilizes as British Parliament backs Brexit delay
On Friday, the UK pound managed to soar in Asia right after British lawmakers backed a motion, which set out the option to ask the European bloc for a short delay if Britain’s legislative body is able to agree on a Brexit pact by March 20, or a longer…
Gold goes down notwithstanding dismal China’s data
On Thursday, in Asia, gold slipped notwithstanding the fact that China posted weaker-than-anticipated industrial output data…
A chance for the Japanese currency
The Bank of Japan will make its monetary policy statement and announce the interest rate on March 15.
China’s industrial output surge dives to 17-year minimum
For the first two months of 2019, surge in China's industrial output went down to a 17-year minimum, thus indicating further weakness in the world's number two economy…
UK pound heads south after British lawmakers reject no-deal Brexit
On Thursday, the UK pound headed south in Asia after British lawmakers rejected an idea of departing the European bloc without a withdrawal deal…
Euro zone industrial output is firmer than anticipated
In January, euro zone industrial output turned out to be stronger than anticipated…
Dismal consumer mood in Australia might result in RBA rate cut soon
Australian customers have become pessimistic in a one-two punch to the Australian economy already facing an abrupt property downturn along with anemic wages surge, increasing the risk of an interest rate trim as soon as next month…
UK pound tacks on, shrugging off May’s Brexit failure
On Wednesday, the UK pound managed to ascend in Asia notwithstanding British Prime Minister Theresa May’s Brexit deal faced another defeat in the country’s parliament…
Evergreen buck extends losses versus euro
On Tuesday, the evergreen buck pared profits versus the Japanese yen and also extended losses versus the common currency after American consumer prices revealed that inflation is still low notwithstanding a tight labor market, spurring the Fed’s case for…
Gold ascends on Brexit jitters
On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…