Market News

The Dow Jones Industrial Average sunk 838 points in the past two sessions, effectively erasing all of the gains it racked up during Q3, and then some.

Sterling was lower against the greenback on expectations that the Prime Minister's Brexit proposal, as it relates to the backstop at the Irish border, will not be well accepted by EU officials.

During the trading on Wednesday, October 2, 2019, the financial markets will pay attention to the release of economic calendar data

The World Trade Organization (WTO) has lowered its outlook for world commodity trade this year to its lowest level in a decade, citing escalating trade disputes and slowing global economic growth.

Numbers released on Tuesday by the Institute for Supply Managements (ISM) showed that the country’s manufacturing activity fell to below ten-year lows in September,

Japan's sales tax was approved to rise to 10% from 8% starting on Tuesday, amid fears that these long-delayed measures could derail the fragile growth path of the world's third largest economy.

The Reserve Bank of Australia cut its key interest rates for the third time this year, and noted further easing to support employment and income growth.

During trading on Tuesday, October 1, 2019, financial markets and Forex markets investors are on for an important date

During the trading on Tuesday, October 1, 2019, financial markets will be interested in the release of economic calendar data

At the beginning of this week, the price of the USD/CAD stabilized lower around the 1.3225 support despite the price of crude oil reaching the $54

The GBP/USD pair was not able to celebrate much on the release of positive results for the British economy, which pushed it towards the 1.2345 resistance level early this week.

The Pound Sterling held above a 3-week trough against the US Dollar during London trade as FX traders await the latest proposals on a Brexit deal from the Prime Minister.

In Asian trade, market players are waiting for the decision of the Reserve Bank of Australia.

The Pound Sterling edged higher in London trading, regrouping after last week's losses.

The AUD/USD pair continued its decline as losses reached the 0.6738 support, before closing the week around 0.6765