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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Omicron Spreading Rapidly in Europe, Morbidity Still Unclear; Manchin Derails Biden Infrastructure; Turkish Lira Plummets to New Low on Rate Cut Talk; Markets in Risk-Off Mode
The Bank of England announced a surprise rate hike of 0.15% today, making the first increase in its bank rate since August 2018.
Fed Doubles Tapering, Indicates 3 Hikes in 2022; Omicron Soars in UK; Turkish Lira Plummets to New Low
UK inflation rose again this month to its highest in ten years, boosting the prospect of a Bank of England rate hike and sending the British pound higher in value.
Fed Expected to Advance Tapering Wrap; Omicron Set for Massive Wave; Turkish Lira Testing Record Low
US Market Pulls Back; Omicron Variant Close to Dominance in London & Denmark; Turkish Lira Pulls Back from Record Low
US Market Continues Rising After Inflation Data; Chinese Stimulus Looks Likely in 2022
US inflation rises again this month to reach its highest level since 1982, but financial markets barely reacted.
Pound Weakens on New Corona Restrictions; Bank of Canada Keeps Policy Steady
Bonuses & Promotions
Stocks Strong on SA Omicron Data; Commodities, Crypto Stronger
Stocks Rise on Hints that Omicron is Mild; RBA Boosts Aussie
Major Cryptos Down Since Friday; COT Shows 2-Year High in Dollar Bulls
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Sign up to get the latest market updates and free signals directly to your inbox.Last Friday’s NFP data showed a strong undershoot in new US jobs created last month, but markets remain relentlessly focused on US inflation and the virulence of the omicron coronavirus variant.
As crude oil falls lower and lower on declining demand, producers agree to increase production anyway.
Likely Omicron Impact Remains Unclear; Turkish Lira Hits Record Low Again