The Bank of Finland Governor Olli Rehn cautioned against premature cash rate hikes, highlighting past mistakes.
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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Chinese Vice Foreign Minister Le Yucheng told the media on Tuesday that he remains optimistic about a trade deal being reached between the United States and China,
Investor risk appetite, even as the US dollar weakened, helped the USD/JPY pair to correct higher and reach the 108.93 resistance during last week's
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Global finance officials wrapped up their fall meetings earlier this week pledging to “employ all the right tools” to combat the weakest global economic growth in a decade
The Pound Sterling had regained some of its earlier losses on news that the Democratic Union Party of Northern Ireland would not back any Brexit amendments
A snag in the Brexit plans sent the Pound Sterling lower versus the greenback though most FX traders seem to be optimistic
This week will see very little major central bank input, which is only due from the European Central Bank, but few data releases from major economies. Excepting the British Pound, market volatility is likely to be very low.
Though there are still some hurdles to be overcome as regards the Brexit agreement, the Pound Sterling was trading close to a 5-month high versus the greenback.
The Pound Sterling was pushed higher of reports that a Brexit deal has been brokered.
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As the hopes for reaching a Brexit deal this week shattered, some British anti-Brexit campaigners want to impede the government to present their withdrawal deal to the parliament,
Oil futures were lower on Thursday afternoon in Asia after the American Petroleum Institute published data on Wednesday that showed a jump.
The Brexit negotiations continued, as the British PM made concessions concerning the Irish backstop issue.
The Pound Sterling couldn't hold onto positive momentum and weakened against the US Dollar after a media report which said that the talks are on the verge of collapse.
It seems like these days the world, and the traders in it, are doing a lot of waiting; waiting for news about how the Brexit will proceed, waiting to hear if the United States and China will reach a trade deal, waiting to find out if OPEC will impose fresh production cuts to keep oil prices stable.
The European Union chief negotiator, Michael Barnier said that a Brexit deal is still possible, despite it now being more difficult to reach it.