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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China has arrested at least 50 Hong Kong activists over recent days whom the mainland views as opposition democracy leaders.
The pound sterling gained some momentum during London trading on Thursday on hopes that the economy will see a quicker recovery.
With the aid of 10 Republican Congressmen, the Democrat-controlled House of Representatives impeached US President Donald Trump, accusing him of inciting the siege on the Capitol that took place last week.
Hang Seng and Nikkei 225 Indices Again Hit All-Time Highs; Biden Plans $2 Trillion Stimulus; Forex Market Quiet & Mixed.
The pound sterling hit a 7-week peak against its main rival, the euro, during London trading on Wednesday.
The French central bank reported that the economy likely contracted by 4% in the final quarter of 2020, which confirms a previous estimate that the economy shrank by 9% last year.
Hang Seng and Nikkei 225 Indices Reach All-Time Highs; U.S. Dollar Retreats; Data in on Coronavirus Vaccines.
The pound sterling moved higher against its two main rivals during London trade on Tuesday after comments from Andrew Bailey suggested that the central bank would not be considering a negative rate environment.
The House of Representatives will be voting on Wednesday on a single Article of Impeachment to once again impeach President Trump, who will by that time have one week left in office.
Bonuses & Promotions
U.S Dollar Strengthens Against Risky Assets; Major Stock Indices Mixed After Highs; Democrats' Move to Impeach Trump Continues.
Echoes of 2017’s blow-off top as Bitcoin drops by 23% in only three days.
A strengthening US dollar helped push the GBP/USD pair below the $1.35 level for the first time this year.
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Sign up to get the latest market updates and free signals directly to your inbox.According to data released by the Australian Bureau of Statistics, retail sales rose by 7.1% in November, against the previous month's 7% climb and higher than expectations of 7%.
Bitcoin Down >19% From Friday; Major Stock Indices Mixed After Highs; Democrats Move to Impeach Trump Again.
The US Dollar Index maintained positive sentiment and remained close to a 2-month peak on news of higher yields on US Treasury instruments