Market News

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

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.

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.

Encouraging sounds emanating from the Brexit talks have given traders some hope that an agreement might be reached.

Turkey’s currency may have rebounded slightly since its recent crash, but that’s hardly a reason for celebration.

As markets await a speech from Dominic Raab, the UK's “Brexit” Minister, FX traders have pushed the Pound Sterling close to a 1-year trough versus the Euro.

The S&P closed at record highs on Tuesday after hitting the 2,900 mark for a few moments during the trading session, buoyed by consumer optimism after the U.S. and Mexico formed a new trade deal.

Theresa May, the UK's Prime Minister, downplayed the possible consequences of a “hard” Brexit withdrawal which pushed the Pound Sterling near to a 1-year trough versus the common currency Euro.

The US Dollar steadied versus the common currency Euro after an agreement was reached between Mexico and the United States to revamp the existing NAFTA trade deal.