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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Though lower currently, last Friday's unexpectedly upbeat labor data had earlier helped to push momentum into positive territory for the US Dollar.
This week is likely to see a good amount of activity in the market.
News that Japan could be the next target in Donald Trump's cross-hairs pushed the safe haven Japanese Yen higher relative to its US counterpart.
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China’s commerce ministry said this Thursday that China would feel obligated to retaliate against the U.S. if it insists with putting tariffs on Chinese exports.
The Pound Sterling crawled higher during Thursday's trading session in London but is still far off yesterday's session peak.
A tech selloff on Wall Street on Wednesday shook more than just U.S. indexes; Asian markets were broadly lower on Thursday as well, with only the Shanghai Composite trading higher, and South Korea’s Kospi trading flat.
The Pound Sterling recovered from a 2-week trough after an unexpectedly upbeat report provided a much needed boost, albeit a short-lived one with the pair falling back soon after.
Australia’s economic growth in the second quarter of 2018 blew past market forecasts as population growth created additional consumer spending and increased demand for homes and infrastructure.
Asian markets closed largely higher on Tuesday after a rocky start, and European markets opened in positive territory as well, boosted by the late rally in the Chinese markets
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As has long been the case, Brexit worries helped to keep the Pound lower versus its peers.
U.S. oil prices headed higher on Tuesday after two oil platforms on the Gulf of Mexico were evacuated in advance of an expected hurricane.
The Pound Sterling continued to slide versus both the Euro and the US Dollar after the latest economic news dented investor demand.
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Sign up to get the latest market updates and free signals directly to your inbox.Asian stocks fell for the third consecutive session on Monday morning as traders worried about trade war escalations and struggling emerging markets, both of which have been weighing on the region.
This week is the first week after the summer and is traditionally a time when we see a major increase in market volatility and often the start of strong directional price movements as well.
The US Dollar was able to maintain positive momentum relative to its major peers during the Asian trading session on Friday.