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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Market updates for May 13: Stocks fall on renewed trade tensions; Yen and Dollar rise, gold and oil consolidate
The Pound Sterling edged higher against the US Dollar in London trading but was lower against its European rival as Britain awaited announcements
The UK government is setting out the details on how to make workplaces safer now that the economy is reopening.
Market updates for May 12: Stocks fall; greenback rises, gold and oil consolidate
Oil futures edged higher on Tuesday afternoon in Asia after Saudi Arabia made an unexpected announcement that it would deepen production cuts in June
The Pound Sterling edged lower against its US rival, a repercussion of higher yields on US Treasuries which helped boost demand for the greenback.
The European Central Bank's Executive Board member, Isabel Schnabel said on Monday that only the European Court of Justice has a saying regarding the actions of the ECB
Market updates for May 11: Markets remain optimistic as WTI crude oil stabilizes near $25.
Non-farm payroll reports showed that the U.S. unemployment rate hit 14.7 percent in April,
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The US Dollar came under heavy pressure in Tokyo trade as FX trades await the release of US labor data, specifically, April's Non-Farms Payroll Report.
Some optimism from the Bank of England helped to push the Pound Sterling higher against the Euro and US Dollar during early London trade today.
The Bank of England decided to keep its cash rates on hold at 0.1 percent and decided to set its bond purchasing program target at 645 billion pounds.
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Market updates for May 7: Global stock markets falter as the U.S. reports another 2 million+ unemployment claims yesterday.
The Pound Sterling continues to have trouble finding its footing ahead of tomorrow's meeting of Bank of England policymakers.