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 U.S. dollar continued its decline during Thursday’s Asian trading session, falling against its primary trading partners and sending the dollar index down 0.38 percent to 88.90 .DXY.
The Pound Sterling struck a new post-Brexit peak against the US Dollar, extending the recent rally for the Pound.
The U.S. dollar fell even further during Wednesday’s London trading session after Treasury Secretary Steven Mnuchin commented at the World Economic Forum in Davos that the U.S. welcomes a low dollar as it can benefit the country.
The U.S. dollar hit fresh three-year lows during Wednesday’s Asian session, even after Jerome Powell was confirmed for a four-year term as the new Federal Reserve chair on Tuesday, in a move expected to continue the country’s growth trajectory.
The US Dollar has edged broadly higher despite growing worries that the US is on the verge of a worrying position on global trade.
After a three-day shutdown, U.S. legislators passed a measure that will provide funding for the U.S. government until February 8.
Most major currencies were higher against the US Dollar during London trading as investors ponder the possible duration of the US federal government closure.
Global stock markets struggled on Monday as the U.S. government shutdown extended into its third day after a scheduled vote for 1 a.m. EST was cancelled.
This week will see a heavier news agenda than last week, with the key items coming from the European and Japanese central bank, plus key economic data releases from the U.S., the U.K., and Canada.
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The US Dollar was broadly softer in Asian trading as market players digest the possibility that the United States federal government could be on the verge of shutting down.
The US Dollar eased away from the recently struck 3-year trough after rising yields on US Treasury instruments encouraged some buyback of the Dollar.
Asian stock markets headed higher once again on Thursday, following a day of record gains on Wall Street on Wednesday
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Sign up to get the latest market updates and free signals directly to your inbox.The cryptocurrency selloff that began on Tuesday continued into Wednesday’s London session, with the price of bitcoin falling nearly six percent in only a few hours.
Currently, the Pound is pulling away from its earlier slide versus the US Dollar, largely attributed as a result of investor profit taking.
Bitcoin briefly hit below $10,000 on Tuesday on Coinbase, a leading cryptocurrency exchange, for the first time since crossing the milestone price in November 2017.