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 dollar remains surprisingly strong after Donald Trump’s historic presidential win last week.
The US Dollar Index surged to a multi-months peak, continuing last week’s gains and driven there by a rise in yields on US Treasury instruments.
There will be a heavier news schedule this week compared to last week, with major input due from the Reserve Bank of Australia, plus a slew of economic data mostly from the U.S.A. Get the economic calendar for the week of November 14, 2016 here.
The US Dollar held near to a 3½ month peak against the Japanese Yen during early trade in Japan, extending last night’s gains.
Though currently under some pressure, the Pound Sterling had earlier edged higher versus the Euro and the US Dollar as markets digest the global repercussions of a Donald Trump presidency.
Asian shares rebounded on Thursday following Wednesday’s steep declines and erasing fears that Trump’s presidency would wreak havoc on the markets.
The US Dollar fell broadly as stunned FX traders pondered the latest news of a Trump win for the US President.
70-year old Donald John Trump, the oldest first-term president ever to be elected in the United States, has claimed the White House for the Republicans, sending markets into a tailspin, the devastation of which cannot yet be assessed entirely.
In advance of a final election results in the United States on Wednesday, Asian markets saw the start of what is poised to be a tumultuous market reaction if Donald Trump triumphs over Hillary Clinton in the eleventh hour.
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The Pound Sterling edged higher against the US Dollar as nervous FX traders ponder the outcome of today’s US election for president.
Despite Trump’s surprising popularity, it seems that the stock markets favor a Clinton victory in Tuesday’s exhilarating U.S. presidential election.
The Pound Sterling was hit hard after the US Dollar surged in Asian trading on the latest political news which gives Democratic nominee, Hillary Clinton, renewed hope for winning the presidency.
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Sign up to get the latest market updates and free signals directly to your inbox.The dollar strengthened and Asian stock markets followed suit on Monday after the FBI announced that it stood by its original recommendation not to press charges against U.S. Democratic presidential candidate Hillary Clinton.
There will be a much lighter news schedule this week compared to last week, with major input due from only one major central bank, the Reserve Bank of New Zealand. Get the weekly economic calendar for the week of November 7, 2016 here.
Ahead of the last weekend before the US Presidential election, the safe haven Japanese Yen was pushed higher versus the US Dollar as FX traders ponder the possibility that Donald Trump could become the next US President.