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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As market players await news from the US Labor Department on January's private sector new jobs, the US Dollar moved higher against the Japanese Yen and approached a 2-week peak.
The Chinese government's pledge to ensure that the economy remains stable in the fall out of the Coronavirus outbreak there has helped to push the Aussie Dollar higher for the fourth consecutive day.
German factory orders fell unexpectedly signaling that the recession that made the economic growth to hit its lowest level since 2013 is far from over.
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The Chinese government announced on Thursday that it will cut tariffs against more than 1700 US goods in half, in order to comply with what was agreed in "phase 1" of the trade deal.
An unexpectedly improved reading of the UK's January PMI for the services sector helped to boost the Pound Sterling during London trading on Wednesday.
IHS Markit recently released its services and composite PMI data for the Eurozone. The data shows a firm but slower expansion in the Eurozone services sector
A record 65 people died in China from the coronavirus on Tuesday, but that didn’t send traders flocking towards safe haven assets as they had in the earlier days
Earlier today, upbeat data had helped to push the Pound higher, though analysts believe that it just a knee-jerk reaction.
IHS Markit's UK Construction PMI went up to 48.4 last month, after being at 44.4 in December, showing a slower pace of contraction and a recovering sector.
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Global stock markets were broadly higher on Tuesday afternoon in Asia as Chinese government officials worked hard to quell the panic that has been rising worldwide
The Pound Sterling was sharply lower during London trading on Monday after the Prime Minister set out what some are calling tough terms for the upcoming talks between the UK and EU.
The European Central Bank's chief economist Philip Lane stated that rising labor costs will eventually affect the Eurozone inflation levels moving it closer to the bank's 2 percent target.
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Oil markets reacted negatively to the news coming out of China regarding the spread and the consequences of the Coronavirus outbreak.
The World Health Organization declared the recently discovered coronavirus a global health emergency on Thursday as the death toll climbed to 213
Concerns over the growing death toll in China from the Coronavirus have sent FX traders on the hunt for safe haven assets.