The Pound Sterling couldn't hold onto positive momentum and weakened against the US Dollar after a media report which said that the talks are on the verge of collapse.
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
It seems like these days the world, and the traders in it, are doing a lot of waiting; waiting for news about how the Brexit will proceed, waiting to hear if the United States and China will reach a trade deal, waiting to find out if OPEC will impose fresh production cuts to keep oil prices stable.
The European Union chief negotiator, Michael Barnier said that a Brexit deal is still possible, despite it now being more difficult to reach it.
Top Regulated Brokers
Currency markets were little changed in Asia’s late morning as traders remained both unsettled and uncertain on Monday
The Pound Sterling gave up ground as discussions on the Brexit agreement continue.
Brexit negotiators meet again on Monday in a bid to reach a deal allowing Britain to leave the European Union with a deal
China's trade with the United States fell in double digits again in September amid a tariff war threatening to plunge the world economy into recession.
Despite the optimism of an agreement between The United States and China, which positively contribute to the Australian Economy
During last week’s trading, the USD/CAD dropped by a 1.0%, towards the 1.3170 support, the lowest level in one month
Bonuses & Promotions
The US Dollar was trading close to a 21/2-month peak versus the Japanese Yen during Monday morning trade in Sydney.
This week will see very little major central bank input, which is only due from the Reserve Bank of Australia, in addition to a few important inflation data releases from major economies.
The Pound Sterling gave back some of Tuesday's gains against the US Dollar as Brexit-related hopes helped to shift sentiment.
With only about three weeks left before Britain is set to withdraw from the European Union, the upcoming discussion between leaders in Britain and Ireland
With only a few weeks left before we reach the official Brexit deadline, it's still not clear whether the UK will leave the European Union with or without a deal.
Reports that the trade talks between the U.S. and China are stalling sent gold to a one-week high and oil prices lower on Thursday afternoon in Asia.