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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The Japanese Yen fell out of favor against the US Dollar as risk appetite improved during the Asian trading session.
MSCI’s broadest index of Asia-Pacific shares outside Japan declined to nine-month lowers on Thursday as traders continued to fret about U.S. President Donald Trump’s protectionist policies and how his impending tariffs will hamper global economic growth.
Oil prices were broadly higher just before noon in London as traders braced for an oil stock drop of 2.5 million barrels.
The Pound Sterling hit an 11-day trough against the common currency Euro as markets awaited a speech from the head of the Bank of England, Mark Carney.
Financial services provider, the iFOREX Group, introduces Vestle.com - a new brand name and online CFD trading site.
The dollar continued to struggle against its primary trading partners on Wednesday, rebounding slightly after hitting a two-week low on Tuesday as traders tried to make sense of news surrounding the brewing trade war between China and the United States.
The Pound Sterling came under sell pressure against the US Dollar after comments made by John Haskel, an incoming member of the Monetary Policy Committee of the Bank of England.
Global stock markets continued to decline on Tuesday as investors continued to worry about trade tensions between the United States and China.
The Euro's latest rally ended as the already strained trade relationship between the Eurozone and the United States intensifies.
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Turkish President Recep Tayyip Erdogan slid into electoral victory on Monday, securing what seems to be 53 percent of the popular vote in an election that saw an impressive 87 percent voter turnout.
Oil gave up some of last week’s gains on Monday as traders began to analyze how increased production could impact the markets.
Over 59 million Turkish citizens are eligible to vote in today’s presidential and parliamentary elections in Turkey.
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This week will see relatively light news agenda compared to last week, with central bank input due from the Reserve Bank of New Zealand, plus major economic data releases primarily concerning the U.S. and Canadian Dollars and the British Pound.
The Pound continues to come under pressure ahead of today's meeting of policymakers at the Bank of England.