President Donald Trump has once again threatened new tariffs, this time against Mexico, where he tweeted an intention to implement a 5 percent tariff on goods imported from Mexico if illegal immigration from the country to the United States doesn’t stop.
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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Concerns about the successor to Theresa May have upstaged Brexit worries in the short term and are keeping the Pound trading close to a 4-month trough.
On Thursday, May 30, 2019, the markets will be interested in the release of economic calendar data, which usually results in changes in price movements
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The head of a Japanese business Lobby suggested the government proceeds with the expected tax hike in October since the Japanese population is aging rapidly.
Asian stocks were trading lower on Thursday after new trade threats from China stoked new fears that the trade war between the United States and China will be long, and perhaps, brutal.
The Pound Sterling continues to trade within striking distance of a 4-month trough versus the Euro as FX traders prepare for a worsening political situation between now and the October Brexit deadline.
US consumer confidence has increased more than expected amid weak US stock indexes and rising US-China trade tensions.
The British premier, Theresa May, said she regrets not delivering the Brexit, blaming it for the results of the European Elections, which uplifted the Brexit Party and the UKIP at expense of the conservative party.
Oil prices slumped during Wednesday’s Asian trading session, even after a positive session on Tuesday that was prompted by supply disruptions in the Midwest United States.
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The Pound Sterling is trading close to a 4-month trough as investors debate the likelihood that the successor to Theresa May will result in a hard crash out of the European Union.
On Tuesday, May 28, 2019, the markets will be interested in the release of economic calendar data, which usually results in changes in price movements
The Japanese Economy minister Toshimitsu Motegi said that President Donald Trump's comments aim for quick progress in the trade talks between his country and the United States.
Market analysts from UBS Global Wealth Management and BNY Mellon have voiced their concerns that the trade war might not be over as quickly as President Trump wants people to think
The Brexit party emerged victorious from the UK’s European elections, with the Conservative and Labour parties bearing heavy losses.
The United States President Donald Trump said on Monday that announcements regarding the trade relationship between the United States and Japan could come in a couple of months.