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.
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The common currency Euro remained close to a 2-year trough as an impending vote in the Greek parliament could be the trigger point for the latest concerns over Greece’s future.
Asian stocks tip-toed higher on Monday, following fresh gains on Wall Street, while the euro wallowed near 28-month lows versus the dollar on nervousness ahead of a vote in the Greek parliament that could result in snap elections.
Chinese stocks rose and the yen headed for a second weekly decline against the dollar on speculation governments will step up stimulus to bolster their economies. Precious metals advanced with oil.
China’s stocks rebounded from the biggest two-day loss in 18 months as construction companies and banks gained amid speculation the government is taking steps to boost lending and provide financial support for companies to develop their overseas business.
The U.S. Dollar Index edged closer to a 9-year peak after it was reported that the last and final reading of third quarter.
Japanese stocks rallied and the dollar stood tall on Wednesday thanks to surprisingly robust U.S. economic growth, helping investors head into the Christmas holidays in a more relaxed mood after the global markets turbulence of the past two weeks.
Gold, the ultimate inflation hedge, isn’t much use to investors these days. Oil is in a bear-market freefall that began in June, spearheading the longest commodity slump in at least a generation.
In European trade, the common currency Euro recovered from recently struck 2-year troughs versus the U.S. Dollar.
Asian stocks rose Monday, with the regional index headed for its steepest three-day advance in almost two months, as commodity shares climbed amid a rally in crude oil. New Zealand’s dollar dropped while Japanese bonds extended gains.
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Asian stocks rose Thursday, extending a global surge in equities as the regional index headed for its steepest two-day advance in 13 months. Crude oil pared a fourth weekly decline, while the euro traded near a two-year low and wheat fell.
On Thursday, the Swiss National Bank warned investors that it intended to intervene in the FX markets with the introduction of a negative interest rate, specifically -0.25% on certain deposit accounts with high balances, in order to discourage investors from buying the safe haven Swiss Franc.
Asian shares rallied on Thursday after U.S. stocks enjoyed their strongest session this year as the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus.
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Sign up to get the latest market updates and free signals directly to your inbox.After a short recess from the Dollar’s prolonged rally, the greenback has swung back into positive territory, edging higher as investors await a policy statement from the Federal Reserve Bank.
Asian markets were calm on Wednesday as a brewing financial crisis in Russia and the rout in oil prices sent investors scurrying for the cover of top-rated bonds.
Another fall in the price of oil sent investors rushing to the safe haven currencies and helped to push up the Japanese Yen to a 1-month peak versus both the common currency Euro and the U.S. Dollar.