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
Thus far, no real progress has been made, negotiators from the EU confirmed last week.
On Friday, the oil markets lost territory after the markets received negative data about the state of the United States Labor Market, and after the US dollar posted gains.
S&P 500 Index Ends Week at All-Time High; Asian Stock Markets Climb Higher; Australian Dollar Slightly Stronger as Week Opens; Precious Metals Decline Firmly
An unexpected increase in the weekly jobs claims data from the US Labor Department helped to put the greenback on the defensive.
Yesterday, oil markets were mixed after the OPEC+ monitoring committee highlighted the need of sticking to its production cuts as market recovery is being hindered by the advance of the COVID-19 pandemic.
The Pound Sterling recovered in London trade after yesterday's release of the Federal Reserve's policy minutes was a bit less dovish than analysts had anticipated.
S&P 500 Index Dips on Fed Fears over Growth; U.S. Dollar Rebounds, British Pound and Euro Drop
The US Dollar remains within striking distance of a 27-month trough after a boom day on Wall Street put added pressure on the greenback.
Yesterday the oil futures barely moved after the markets learned that gasoline inventories increased significantly, which signals problems in the demand side.
Bonuses & Promotions
S&P 500 Index Closes at All-Time High; U.S. Dollar Weaker, British Pound and Euro Strong
The US Dollar continues to come under broad pressure, and the US Dollar Index has now traded lower for the fifth straight day, nearing a 2-year trough.
Yesterday, oil futures advanced after the markets learned that China plans to boost oil imports from the United States and that most of the OPEC+ members complied with oil production cuts last month.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.WTI Crude Oil and Euro Hitting Highs; U.S. Dollar Selling Off, Stock Markets Mostly Drifting
The US Dollar came under pressure as high-risk assets moved higher after a sentiment shift which came about after the existing trade pact between the US and China was left unchanged.
This is the biggest economic contraction in Japan's history, wiping out the advances that were achieved thanks to the measures that Prime Minister Shinzo Abe implemented in late 2012.