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.
The Federal Reserve announcement and Janet Yellen’s speech afterwards weren’t as clear cut as some market players might have like but it was enough to provide the U.S. Dollar with a strong surge, suggesting that most investors felt the Fed was on a hawkish path given its future interest rate projections were higher than the previous read.
European shares closed largely higher on Wednesday, as investors bet the U.S. Federal Reserve would hold off on hiking interest rates.
The U.S. Dollar was broadly higher as FX traders wait for some guidance from the Federal Reserve Bank specifically as regards the possible timing of its next rate hike and the steps it will take toward normalize the current and historical ultra loose policy.
Asian stocks rose Wednesday, halting the regional index’s longest slump in 12 years, while industrial metals climbed and Chinese money-market rates slid as the country’s central bank boosts stimulus. The dollar rose before the Federal Reserve reviews interest rates.
The Aussie Dollar lost more ground against the U.S. Dollar during Tuesday’s trading session in London, moving closer to a 4-year trough that had been struck earlier this year.
Asian shares held near one-month lows on Tuesday as investors braced for a possible hawkish shift in the U.S. Federal Reserve's policy stance as the Fed begins a two-day policy meeting later in the day.
Asian stocks stumbled to their lowest in five weeks on Monday after weak data out of China over the weekend raised concerns of a sharp slowdown in the world's second-biggest economy.
The dollar headed for its biggest weekly gain versus major peers since November and precious metals retreated as investors assessed the U.S.-rates outlook before the Federal Reserve meets next week.
The results of a recently conducted poll which shows that Scottish voters are still considering independence from the United Kingdom has sent jitters through the FX market and pushed the U.S. Dollar broadly higher, however the Pound Sterling was able to regain some recently lost ground.
Chinese stocks advanced yesterday as weaker-than-expected price data spurred speculation that the government will do more to boost growth. Australia’s dollar surged and bond yields climbed after a record jump in employment, while wheat extended declines.
The U.S. Dollar rallied broadly on expectations that an improving U.S. economy will bring forward the Federal Reserve Bank’s timing on an interest rate hike. Short term U.S. Treasury yields for 2-year notes were within striking distance of 3-year high of 0.590%, while 10-year yields moved above 2.50%.
Gold slipped on Wednesday to trade near its lowest in three months as speculation over an early U.S. interest rate hike strengthened the dollar and dulled bullion's appeal.
Asia-Pacific stocks fell for the fourth day, with the benchmark index heading for a three-week low, after the Standard & Poor’s 500 Index retreated from a record and as consumer shares slipped.
The Pound Sterling did a nose dive earlier, hitting a 13-month low during Monday’s trading session after the results of a recently conducted opinion poll showed that Scotland’s residents were was prepared to secede from the United Kingdom after a 300 year union.
Asia’s benchmark stock index swung between gains and losses as investors weighed data showing Chinese exports rose more than analysts projected last month, while imports unexpectedly fell.
