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.
Most Recent
Positive data out of Japan on Tuesday did little to move the markets as thin post-holiday trading continued, and traders seemed to relish their end-of-year vacation.
The generous holiday spirit wasn’t enough to keep the bitcoin bubble fully inflated, leaving some traders confused and others invoking the historic ‘I told you so’ rhetoric.
The Euro came under pressure against the US Dollar after the independence vote in Spain’s Catalan region showed a win for the separatist movement.
The US Dollar gained some momentum and edged up versus the Yen after the Bank of Japan dashed any belief that it would be throttling back from its QE program.
The African National Congress Party, the ruling party in South Africa, chose Cyril Ramaphosa to lead the party after President Jacob Zuma.
The US Dollar, which had earlier moved within striking distance of the recently struck 1-week peak versus the Japanese Yen, is now struggling for traction.
The Swedish Crown edged higher against the Euro after the country’s central bank signaled a number of rate hikes next year.
The price of bitcoin swung wildly on Wednesday morning after Coinbase, the largest bitcoin exchange in the United States, announced on Tuesday that it was now offering bitcoin cash.
The US Dollar came under pressure against the Euro on Tuesday as FX traders show their wariness over the passage of the US tax reform bill.
Bonuses & Promotions
December holds great trading opportunities, but you don’t want to be trading in dead markets. Get updated with the holiday season trading schedule.
The proposed U.S. tax bill inched closer to passing on Monday, encouraging U.S. stock indexes to close at record highs and nudging Asian markets higher at the start of Tuesday’s Asian trading session.
The US Dollar Index fell on Monday trading, largely as a result of cautious optimism that Donald Trump’s tax reform bill could be moving closer to ratification.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Wall Street closed higher on Friday and Asian stock markets followed suit on Monday morning, with investors expressing optimism
This week will see a news agenda of average weight, with the key items coming as key economic data releases for the U.S. Dollar. There will also be important Japanese and Australian central bank input.
The US Dollar was on the backfoot in Asian trade on Friday after two Republican Senators said yesterday that they would need to see more changes to the proposed tax reform bill.