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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In the United Kingdom, the Office of National Statistics reported earlier today that inflation hit a 4-year trough at 0.8%, below analysts' forecasts of a decline to 0.9%.
S&P 500 Index closes down yesterday but regains in Asia; Gold and Silver strong again; U.S. Dollar weak everywhere; Coronavirus epicenter now in South America
A new study released by EU scientists modeled after the practices of 16 countries suggests that fifty days of strict lockdowns followed by 30 days of openings could reduce COVID-19 deaths
The Pound Sterling edged higher against its US and European counterparts and steadied in early Tuesday trading in London.
S&P 500 Index makes its highest daily close since 9th March; Gold and Silver come crashing back down; U.S. Dollar weakens.
Asian markets were broadly higher on Tuesday afternoon, following steep gains on Wall Street as investors found renewed optimism
The Pound Sterling remained close to a 2-month trough versus both the greenback and the Euro during London trade on Monday.
The European Central Bank’s Chief Economist, Philip Lane said that it's unlikely that the economy will come back to its pre-crisis level before 2021.
Oil prices touched higher than $30 per barrel for the first time since March as oil producers in the United States and other countries continued to reduce production efforts.
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Market updates for May 18: Gold makes a new 7-year high at $1762; stock markets recover; British Pound is weak.
New Zealand reported a collapse in its business PMI, but as the nationwide lockdown was eased, next month’s data is in focus.
Despite dismal US data, the US Dollar was broadly higher in Asian trade, remaining close to a recently struck 3-week peak.
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Sign up to get the latest market updates and free signals directly to your inbox.A stronger US Dollar and dismal economic data out of the UK helped to push the GBP/USD pair to below the $1.22 level in London trading.
Japan is expected to lift the state of emergency in 39 prefectures, according to an announcement the Prime Minister Shinzo Abe delivered
Speaking after the Federal Open Market Committee (FOMC) on Wednesday, Federal Reserve Chair Jerome Powell dashed any trader expectations that the central bank would bring interest rates