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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This week is likely to see some a greater amount of activity compared to last week, with central bank input due for the U.S., Canadian, and Australian Dollars.
FX traders are anxiously awaiting the start of the US-Sino discussion on trade which is expected to take place during the G20 summit in Argentina.
With a deteriorating economic outlook a possibly inevitable result of a hard Brexit, the Pound continued to slide against its two major counterparts, the US Dollar and the common currency Euro.
Traders found new reasons for optimism on Thursday after U.S. Federal Reserve Chairman Jerome Powell commented that the Fed’s policy rate is now “just below” estimates of a neutral economy.
FX traders are preparing for the onslaught of dire warnings about a “no-deal Brexit” by earlier pushing the Pound Sterling close to a 2-week trough.
Oil prices were up just over 1 percent during Wednesday’s Asian trading session after the shutdown of the Buzzard, Britain’s largest North Sea oilfield for repairs.
Investors' sentiment for a Brexit deal soured in the overnight hours after the US President negatively commented that the Brexit deal might negatively impact trade between the US and Britain.
According to a new report published by the Wall Street Journal on Monday, U.S. President Donald Trump has hinted that he may implement new tariffs on iPhones and laptop computers imported from China.
The Pound Sterling continued to inch higher after this weekend's news on a Brexit agreement helped to alleviate investors' concerns.
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Asian markets were searching for direction on Monday as traders looked towards the meeting between U.S. President Donald Trump and Chinese President Xi Jinping that will take place at the end of the week.
This week is likely to see considerably more activity than last week, with central bank input due for the U.S. Dollar and the Euro as well the New Zealand Dollar.
Even thin trading due to the Thanksgiving holiday weekend in the United States couldn’t prevent oil prices from dropping to 2018 lows on Friday.
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Oil prices were lower during Thursday’s Asian trading session after reports out of the United States on Wednesday showed that U.S. crude inventories hit their highest level since December 2017.
The Pound Sterling edged higher during trade in London on Wednesday as investors' pin their collective hopes on the Prime Minister who appears to have crafted a proposal that the European Union can get behind.