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
The pound sterling struck a near 3-year peak versus the US dollar and was also moving toward an 8-month high versus the euro during London trade.
Stock Rally Continues; Bitcoin Above $47.5K on Tesla Buy; U.S. Dollar Weakens.
Bitcoin in USD terms leapt up by more than 11% in an hour to trade at an all-time high price above $43,000 shortly before the New York open. The jump coincided with the public revelation in an SEC filing that Tesla (TSLA: NASDAQ) has purchased $1.5 billion worth of Bitcoin.
The pound sterling moved lower against the US dollar after having experienced an upward trend on improved global risk appetite.
Stock Rally Continues; U.S. Jobs Disappoint; Dogecoin Close to 9 Cents Sunday; Cryptocurrencies Strong.
Though struggling for traction currently, the US Dollar is still poised to record the highest weekly gain since November
This morning at 08:27 UTC, the wealthiest man on Earth tweeted the simple one-word message “Doge” – preceded by an image of a soaring space rocket.
The pound sterling struck a 2-week low against the greenback as Forex traders await the decision and subsequent statement on monetary policy changes from the Bank of England.
Stock Rally Falters; U.S. Dollar Continues to Rise; ADP Jobs Forecast Beats Expectations.
Bonuses & Promotions
Waiting for the upcoming monetary policy meeting of the Bank of England, Forex traders sent the pound sterling lower against its main rival, the US dollar.
Stock Markets Continue to Rise; NZD Rises as Unemployment Falls; Bezos Steps Down as Amazon CEO; New Coronavirus Cases Starting Decline.
The government's efforts to hasten the pace of the COVID-19 vaccination schedule is helping to restore confidence in the outlook for the economic recovery.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.S&P 500 has best day in 10 weeks; silver falls from 8-year high; progress on U.S. stimulus; U.S. dollar begins to strengthen.
The pound sterling recovered and moved back to the recently struck 3-year peak during London trade on Monday.
According to the Wall Street Journal, the CEOs of Exxon and Chevron discussed a potential merger of both companies, given the fall in the price of crude oil this year.