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.
Most Recent
Yesterday the oil futures barely moved after the markets learned that gasoline inventories increased significantly, which signals problems in the demand side.
S&P 500 Index Closes at All-Time High; U.S. Dollar Weaker, British Pound and Euro Strong
The US Dollar continues to come under broad pressure, and the US Dollar Index has now traded lower for the fifth straight day, nearing a 2-year trough.
Top Forex Brokers
Yesterday, oil futures advanced after the markets learned that China plans to boost oil imports from the United States and that most of the OPEC+ members complied with oil production cuts last month.
WTI Crude Oil and Euro Hitting Highs; U.S. Dollar Selling Off, Stock Markets Mostly Drifting
The US Dollar came under pressure as high-risk assets moved higher after a sentiment shift which came about after the existing trade pact between the US and China was left unchanged.
This is the biggest economic contraction in Japan's history, wiping out the advances that were achieved thanks to the measures that Prime Minister Shinzo Abe implemented in late 2012.
Global Stock Markets Mostly Firm; Quiet Forex Markets
The US Dollar is mixed after coming under some pressure, especially against its major rivals.
Bonuses & Promotions
The Pound Sterling moved higher versus a weaker US Dollar as FX traders dismissed the release of disappointing growth data in the UK.
Yesterday, the oil markets advanced after the markets learned that the US crude oil supplies fell for the third consecutive week.
The Pound Sterling was holding on to recently earned gains and remaining within striking distance of the $1.30 level against the US Dollar, though concerns about the UK economy are weighing on sentiment.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The announcement of Senator Kamala Harris as Joe Biden's running mate delighted many financial analysts, CNBC reported on Tuesday.
UK's Office for National Statistics reported that the economy contracted by 20.4 percent during the second quarter of this year, which makes the country one of the most affected of the developed world, and confirming that the country has entered into a recession for the first time in 11 years.
The US Dollar was mixed and struggling to hold onto recent gains.