The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
Market News
Market News
On Wednesday, U.S. President Donald Trump warned Russia to prepare for missile strikes against its ally Syria, and oil traders took note.
On Wednesday, U.S. President Donald Trump criticized Russia for supporting Syrian President Bashar al-Assad after a suspected poison gas attack in Syria that killed dozens of people and injured hundreds.
The Pound Sterling is now higher after an initial kneejerk reaction to the latest economic data which left some FX investors wondering about the Bank of England’s own reaction to the information.
Asian markets traded mixed in early trade on Wednesday as traders sought to understand what would happen next in the trade war that is threatening to erupt between the United States and China.
The Pound Sterling earlier struck a 2-week peak against the US Dollar after one key policymaker commented on the importance of a rate increase from the Bank of England.
Bitcoin plummeted more than six percent in a two-hour period on Monday, hitting a low of $6,646.07 and remaining firmly under the $7,000 mark during Tuesday’s Asian trading session.
The Pound Sterling edged higher against the US Dollar and is poised to finish off its 3rd straight day of gains after the latest data raised investors’ hopes
China may have escalated the impending trade war on Monday by publicly placing the blame on Washington and claiming that it’s impossible to negotiate
Asian stock indexes headed higher on Monday and the dollar steadied despite lingering concerns about a trade war between the United States and China.
This week will see a similar news agenda to last week, with central bank input expected from the FOMC and ECB, as well as some crucial U.S. inflation data, which together are very likely to dominate the market
The Japanese Yen rose against the US Dollar as FX traders sought the safe haven currency after the US President raised the issue of Chinese tariffs yet again.
The Pound Sterling edged lower versus both the Euro and the US Dollar after the latest PMI survey showed further slowing of the services sector.
Oil prices headed higher on Thursday after reports out of the United States showed a drawdown in U.S. crude stockpiles that analysts did not expect.
The Pound Sterling is lower against the US Dollar, after today’s release of disappointing construction data.
The trade war between the United States and China escalated on Tuesday after U.S. President Donald Trump announced another 25 percent tariff on nearly $50 billion of Chinese imports.