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FOREX NEWS

Breaking Forex News – Beef Up Your Trading Strategies

To be an effective Forex trader, it’s important to follow Forex news. Whether you’re using technical or fundamental analysis, a sound trading strategy is predicated on reliable information. Forex news is your ticket to successfully charting your success. The Top 10 Forex Brokers have dedicated Forex news sections. This means that their in-house experts, analysts, and currency trading consultants are on the ball, 24/7. Forex news includes all relevant information on major pairs, minor pairs, and exotic currency pairs. We bring you the latest FX news updates from the world’s financial markets in real time.

Why is Forex news so important?

Currency markets are a hive of activity every minute of the day. When one market is closed, another market is open for business. The highest Forex trading volumes take place when multiple trading sessions overlap. If you’re looking to trade the loonie (USD/CAD), the cable (GBP/USD) or even the Dragon (GBP/JPY), it is important to know how currencies are performing relative to one another. You can bolster your understanding of Forex news by following economic indicators such as the DXY (US dollar index) to ascertain which way the greenback is likely to go.

A rising DXY indicates that there is broad strengthening of the USD against pairs like the JPY, GBP, EUR, CHF, CAD etc. Further, economic indicators such as Fed interest rate decisions (federal funds rate) dramatically affect the strength of the USD and all currencies that trade against it. Every time the Fed raises rates, the USD appreciates. This factors into your Forex news forecast, because it can be anticipated ahead of time.

One of the most important indicators of currency strength or weakness is the amount of Forex reserves left in a country’s central bank. For example, China and Russia have been running down their Forex supply of USD (selling it) to try and bolster the strength of their currency. When Forex supplies are dwindling, this can be used to great advantage when trading currency pairs on the markets.

Friday,
August 11, 2017
12:41 pm

Bitcoin’s price keeps breaking records- $3556.15

By Anatol Thomas

Bitcoin’s price keeps breaking records – $3556 Trade the world’s most popular Cryptocurrencies with leverage and 24/7* availability: Bitcoin |... Continue Reading


Wednesday,
July 12, 2017
12:03 pm

Etherum Loses 25% and Digital Currencies Trigger Selloff

By Anatol Thomas

The Cryptocurrencies have gained a lot since their introduction in the market. The declining interest in the global currencies has... Continue Reading


Wednesday,
July 12, 2017
12:02 pm

Gold Experiences Slow Gains in One Week

By Daisy Joseph

The yellow metal is a non-interest bearing asset that enjoys the attention of the investors all the time. However, when... Continue Reading


Wednesday,
July 12, 2017
12:01 pm

Positive UK Data Revives Interest in Pounds

by Latisha Liming

The GBP value in the forex market has been losing in the last few sessions as USD strengthened. The recent... Continue Reading


Wednesday,
July 12, 2017
11:58 am

Etherum Faces Losses While Bitcoin Moves Forward

By Anatol Thomas

The cryptocurrencies are having a hard time in the forex market when the global currencies are gaining steadily. The US... Continue Reading


Wednesday,
July 12, 2017
11:58 am

Euro Gains Momentum While Dollar Remains Low

By Daisy Joseph

On Wednesday trading, Euro surprisingly picked up momentum after ECB comments while dollar continued to face pressure. The chief of... Continue Reading


Wednesday,
July 12, 2017
11:59 am

Oil Prices Climb Up After Gasoline Stockpiles Drop

By Daisy Joseph

In the current scenario, the oil stockpiles report has a huge impact on the oil prices. On Wednesday trading in... Continue Reading


Wednesday,
July 5, 2017
5:46 am

Dollar Reverses Its Course and Stocks Hold Steady

by Latisha Liming

In recent days, several central banks in major economies have released hawkish statements. These mean that the global economy is... Continue Reading


Wednesday,
July 12, 2017
11:59 am

Asian Stocks Unable To Enjoy Positive Chinese and Japanese Data

By Daisy Joseph

The economic data released in the market has a major influence on the stock values. Recently, Chinese and Japanese data... Continue Reading


Wednesday,
July 12, 2017
11:59 am

Comments from ECB Restore Some Faith In Euro

After experiencing a high in the last week, Euro has been fading in value in the forex market. The Pound... Continue Reading


Wednesday,
July 5, 2017
5:33 am

Crude Oil Price Headed For A Decline

By Anatol Thomas

In the past few months, the crude oil prices have taken up a heavy beating. The OPEC’s efforts to increase... Continue Reading


Wednesday,
July 5, 2017
5:29 am

Pound May Face Pressure With Weak PMI Data

by Latisha Liming

The UK construction PMI data was released on Monday and the news is disappointing. The PMI index for the construction... Continue Reading


Tuesday,
July 4, 2017
7:38 am

Digital Currencies Fail To Keep Up With The Gains

By Anatol Thomas

The digital currencies have been having a hard time in the forex market. The cryptocurrencies such as Bitcoin and Ethereum... Continue Reading


Tuesday,
July 4, 2017
7:37 am

Euro Is Preparing For a Fall When Pound Strengthens

By Daisy Joseph

After optimistic comments from Draghi, the Euro was set on a rising path against the US dollars. However, the CPI... Continue Reading


Monday,
July 3, 2017
7:43 am

Pound Gains In The Market Awaiting BOE Report

by Latisha Liming

The Sterling Pound gains momentum with renewed hopes for Brexit negotiations. The economic reports coming out of the country also... Continue Reading


Monday,
July 3, 2017
7:37 am

Etherum Loses 15% As Investors Worry About Network Growth

By Daisy Joseph

Ethereum, also popularly called as Ether is the next generation digital currency that was introduced as a rival to Bitcoin.... Continue Reading


Monday,
July 3, 2017
7:41 am

Oil Inches Forward, but Still Faces a Tough Time

By Anatol Thomas

The oil price has been suffering for quite a few months now. The OPEC production cuts are not helping the... Continue Reading


Thursday,
June 29, 2017
7:35 am

Crude Prices Struggle despite Promising Inventory Data

by Latisha Liming

The major reason for the decline in crude oil prices is the increased supply in the market. Despite the production... Continue Reading


Monday,
July 3, 2017
11:36 am

Dollar Gains Momentum Awaiting Yellen’s Comments

By Anatol Thomas

The US dollar has been having a hard time with the release of poor economic data. The outlook of the... Continue Reading


Thursday,
June 29, 2017
9:56 am

Cryptocurrencies Fall In the Market With Investors Taking Profits

by Latisha Liming

Digital currencies such as Bitcoin and Ethereum have been rising in the market in recent times. These cryptocurrencies are highly... Continue Reading


Thursday,
June 29, 2017
7:45 am

Oil Edges Forward Expecting Gloomy Market Conditions

by Latisha Liming

The inventory data released last week showed a greater than expected decline in the oil stockpile. As a direct result... Continue Reading


Wednesday,
June 28, 2017
7:39 am

Ethereum Bounced Back Immediately After Crashing To 10 Cents

By Daisy Joseph

The digital currencies are extremely volatile in the currency market. Yesterday, Ethereum has been having a bad day when the... Continue Reading


Wednesday,
June 28, 2017
7:34 am

Interest Shifts Towards Dollar Expecting US Housing Data

By Daisy Joseph

Wednesday has been good for the US dollar as the currency held its position steady in the market. The declining... Continue Reading


Wednesday,
June 28, 2017
7:32 am

Lowering Oil Prices Increase Pressure on Commodity Related Currencies

By Daisy Joseph

  The price of oil in the market affects numerous currencies all over the world. Several global economies are dependent... Continue Reading


Wednesday,
June 28, 2017
7:30 am

Australian Dollar Supported By RBA Minutes

By Anatol Thomas

Australian Dollar Supported By RBA Minutes The value of a country’s currency directly depends on the Reserve Bank’s take on... Continue Reading


Wednesday,
June 28, 2017
7:29 am

Crude Oil Prices Decline Once Again After Inventory Data

By Daisy Joseph

  The oil prices have been declining all over the world due to the increased output. To curb the supply... Continue Reading


Monday,
June 19, 2017
10:26 am

Sterling Holds It’s Position Steady Awaiting Brexit Talks

By Anatol Thomas

The British Pound Sterling is directly influenced by the focus of the Brexit talks. The currency took a beating when... Continue Reading


Monday,
June 19, 2017
9:23 am

Get ready! Amazon is about to change everything you know about buying food

by Latisha Liming

  Amazon, one of the biggest online seller is bringing a massive deal to the shelves of the grocery industry,... Continue Reading


Thursday,
June 15, 2017
10:15 am

Fed Announces 0.25% Rate Hike As Expected

by Latisha Liming

The market has been actively waiting for announcement regarding the interest rate hikes. On Wednesday, the Federal Reserve announced that... Continue Reading


Thursday,
June 15, 2017
9:46 am

Crude Oil Prices Capped By US Shale Oil Output

By Daisy Joseph

Despite the efforts taken by the OPEC to curb oil production all around the world, the US Shale oil production... Continue Reading


Wednesday,
June 14, 2017
5:53 am

Asian Stocks Retain Their Strong Position with Looming Fed Rate Hike

By Anatol Thomas

The stock market has been facing majestic ups and downs, since the election of Donald Trump. While the Trump rally... Continue Reading


Wednesday,
May 17, 2017
7:54 am

Yen Set To Gain In The Volatile Market

By Anatol Thomas

The Asian trade had been quite for a while as the stocks declined. The demand for the Japanese Yen has... Continue Reading


Wednesday,
May 17, 2017
7:52 am

US CPI Data Gains Importance In The Market

By Daisy Joseph

The Consumer Price Index (CPI) was released yesterday and investors were interested. However, the data itself was disappointing as the... Continue Reading


Monday,
May 15, 2017
9:02 am

Gold Price Continues To Decline

By Daisy Joseph

The gold prices almost always travel in a direction opposite to the US dollar. As the dollar strengthens in the... Continue Reading


Monday,
May 15, 2017
8:59 am

Oil Gains Focus In The Market After Weak Stockpile Data

By Anatol Thomas

After facing weeks of weakness, oil prices rose after a noticeable decrease in the US stockpiles. The increase in the... Continue Reading


Friday,
May 12, 2017
8:13 am

Crude Price Tries To Keep Its Hold Until API Data Release

By Anatol Thomas

The crude oil prices were taking up a beating despite the efforts of the OPEC to reduce oil production. The... Continue Reading


Friday,
May 12, 2017
8:10 am

Japanese Yen Tumbles Down

By Daisy Joseph

The US dollar has been gaining in the market against the basket of international currencies. The Japanese yen continues to... Continue Reading


Wednesday,
May 10, 2017
9:19 am

Macrons Win Drives Yields High Affecting Gold Price

By Daisy Joseph

When the major global economies strengthen, investors lose their interest in investing in gold. The rising of global economies is... Continue Reading


Wednesday,
May 10, 2017
9:16 am

Chinese Surplus Exceeds Forecasts While Australian Dollar Steadies

By Anatol Thomas

The Chinese economy is the second largest economy in the world and it has a huge trade surplus with the... Continue Reading


Monday,
May 8, 2017
6:39 am

Australian Dollar Faces Pressure Despite Positive Construction Data

By Anatol Thomas

The construction data of Australia was released earlier in the day. Despite the positive data, the Australian dollar faced pressure... Continue Reading


Monday,
May 8, 2017
6:34 am

Pound And US Dollar May Not Be Affected By The Economic Data

by Latisha Liming

In the European trading hours, one of the most valuable data is the UK PMI report. The cross-sector activity slowed... Continue Reading


Monday,
May 8, 2017
6:30 am

Gold Prices Suffer With Upbeat FOMC Report

By Daisy Joseph

The Federal Reserve reports are carefully monitored by investors as they indicate the path of the monetary policy. The first... Continue Reading


Thursday,
May 4, 2017
8:19 am

UK GDP Hints On Soft Brexit Which Supports Pound

By Anatol Thomas

During the European trading hours, the UK GDP figures played a major role in the economic calendar. The output is... Continue Reading


Thursday,
May 4, 2017
8:18 am

Yen Gains Investors’ Interest after Trump’s Comments

By Anatol Thomas

Yen will become the focus of the investors when the leading global currencies such as US dollar and Euro begin... Continue Reading


Monday,
May 1, 2017
8:36 am

Euro Gains In The Market After Draghi’s Comments

By Daisy Joseph

Euro which was facing a tough time after the Brexit talks gained significantly after the pressure surrounding the French elections... Continue Reading


Monday,
May 1, 2017
8:35 am

US Dollar Faces Pressure With Disappointing Economic Data

By Anatol Thomas

The rally of the US dollar has come to an end, especially after President Donald Trump commented that the strengthening... Continue Reading


Sunday,
April 30, 2017
1:56 pm

USD Starts to Dominate the Market as Trump’s Tax Plan Gains Significance

By Anatol Thomas

Investors are eager to know about the pass-ability of Trump’s tax plan, which pushes USD higher in the forex market.... Continue Reading


Sunday,
April 30, 2017
1:54 pm

EIA Reports Promote a Short Rally for Crude Oil

By Daisy Joseph

The prices of crude oil have not increased as much as expected mainly because of the increase in the inventory.... Continue Reading


Thursday,
April 27, 2017
8:52 am

Monetary Tightening Could Support Euro Further

By Daisy Joseph

Euro jumped higher reaching its highest value in weeks against the dollar. Euro was one of the currencies to be... Continue Reading


Thursday,
April 27, 2017
8:37 am

Dollar Strengthens As Hopes for Tax Reforms Are Rekindled

by Latisha Liming

Tax Reforms Are Rekindle The US dollar started rallying immediately after the US presidential election. The stock market reached never... Continue Reading


Tuesday,
April 25, 2017
12:17 pm

Tightened Regulations Pushed the Chinese Stocks Down

By Daisy Joseph

The Chinese regulators are fierce against the speculative trading praises and shadow banking. In an attempt to reduce capital outflow,... Continue Reading


Tuesday,
April 25, 2017
12:08 pm

French Election Results Help the European Stocks to Gain

by Latisha Liming

The first round of French Presidential election was announced and the results favor the centralist candidate. Emmanuel Macron beat the... Continue Reading


Monday,
April 24, 2017
1:04 pm

Euro Loses Its Momentum against Dollar

By Anatol Thomas

In the past few days, Euro, which was losing against the dollar picked up some pace and reached its 3-week... Continue Reading


Friday,
April 21, 2017
7:39 am

Goldman Sachs Data Pull Down US Equity Index

By Daisy Joseph

The US Stock market has been riding high in hopes that tax cuts, deregulations and infrastructure spending would commence soon.... Continue Reading


Thursday,
April 20, 2017
1:59 pm

Euro Soars as Macron Gains Dominance in the French Elections

By Daisy Joseph

Euro has been showing positive signs in the forex market as dollar has steadied in the last few days. The... Continue Reading


Wednesday,
April 19, 2017
3:12 pm

US Dollar Remains Steady After TIC Data

By Daisy Joseph

The release of TIC data hasn’t helped the US dollar in the forex market. The inflow of capital and foreign... Continue Reading


Wednesday,
April 19, 2017
3:10 pm

Euro And Dollar Stalls While Yen Dominates The Market

By Anatol Thomas

The French presidential election has a major impact on the value of the Euro. The first round is about to... Continue Reading


Wednesday,
April 19, 2017
3:09 pm

Greenback Which Rallied Once Is Now Constrained By Geopolitical Policies

By Daisy Joseph

The Easter Monday holiday in Europe has resulted in decline in trade volumes. Nearly all the European markets remained closed... Continue Reading


Tuesday,
April 18, 2017
12:43 pm

Future of Pound in the Forex Market Depends On Brexit Negotiations

By Anatol Thomas

The long term investors in the forex market are unable to make a prediction for the future of the Sterling... Continue Reading


Tuesday,
April 18, 2017
12:42 pm

Dollar Softens With Increased Risk of Pyongyang

By Daisy Joseph

The US dollar has been declining the whole week, losing its gains of the previous week. On Friday, the Dollar... Continue Reading


Friday,
April 14, 2017
7:42 am

US Dollar Gives Up Gains after Trump’s Comment on Too Strong Dollar

By Daisy Joseph

The election of Donald Trump as the President of the USA helped the US dollar to rally in the forex... Continue Reading


Friday,
April 14, 2017
7:40 am

Strong Job Reports Push Australian Dollar Higher In the Forex Market

By Anatol Thomas

The Australian job reports changed the way forex market behaved in one day. With the strongest job reports since 2015,... Continue Reading


Thursday,
April 13, 2017
6:50 am

Yen Becomes a Winner in the Forex Market as Global Tension Increases

By Anatol Thomas

The global political events always have a great impact in the forex market. After facing a tough time against the... Continue Reading


Thursday,
April 13, 2017
6:50 am

CySEC Wants Regulated Forex Firms to Assess Brexit Impact

By Daisy Joseph

The Cyprus Securities and Exchange Commission (CySEC) is a regulatory and authoritative body that provides the license for forex firms.... Continue Reading


Wednesday,
April 12, 2017
7:04 am

Trading In Global Markets Is Dull Due To Geopolitics

By Anatol Thomas

On Monday, the investors in the global markets refrained from involving in major trades, due to geopolitical policies in Korea... Continue Reading


Wednesday,
April 12, 2017
7:02 am

Gold Prices Fall Back To the Range before the Hike

By Daisy Joseph

The gold price remained almost steady in the past few months. On Friday, the market turned suddenly bullish due to... Continue Reading


Friday,
April 7, 2017
11:50 am

Sterling Struggles To Gain In the Market Due To Brexit Worries

By Daisy Joseph

The British Pound failed to overpower the dollar on Thursday as the investors are not happy with Britain’s plan to... Continue Reading


Friday,
April 7, 2017
11:47 am

Equities and Dollar Face the Pressure After Release Of FOMC Minutes

By Anatol Thomas

The FOMC’s policy decision meeting is significant for the dollar value and equities market. Despite the interest rate hike introduced... Continue Reading


Friday,
April 7, 2017
4:59 am

Oil Prices Try To Recover Reaching One-Month High

By Daisy Joseph

Positive news about reduction in oil supply has helped the price of oil to increase in the market. Vortexa, a... Continue Reading


Thursday,
April 6, 2017
6:04 am

US Dollar, British Pound and Crude Oil Lose In the Forex Market

By Anatol Thomas

The forex market is heavily influenced by the political events all over the world. The failure of the Trump administration... Continue Reading


Thursday,
April 6, 2017
6:01 am

Rising European Stocks and Currency Show Investor Interest

By Daisy Joseph

The European stock market turns bullish aided by the increasing value of euro in the forex market. For the first... Continue Reading


Wednesday,
April 5, 2017
2:26 pm

Disappointing Australian Economic Data Pushes Aussie Down Against the Dollar

By Anatol Thomas

The Australian economic data in retail, manufacturing and housing sectors were released and they were disappointing. The retail sales digits... Continue Reading


Wednesday,
March 29, 2017
8:06 am

GBP/USD Value Relies Heavily Upon the Invoking Of Article 30

By Daisy Joseph

The value of Sterling pound faced a major decline, since the Brexit vote. Even though the pound trades slightly better... Continue Reading


Monday,
March 27, 2017
11:26 am

Mexico Is Not Afraid To Pull Back From the NAFTA Deal

By Daisy Joseph

During the election campaigns, Donald Trump had been vocal against the NAFTA deal, which he claimed was unfair to the... Continue Reading


Thursday,
March 23, 2017
9:27 am

Wall Street Slides Pushing Dollar Down Against Yen

The interest rate hike by the Federal Reserve had not helped dollar, as much as it was expected. The dovish... Continue Reading


Wednesday,
March 22, 2017
7:26 am

Euro Gains against the Dollar after French Political Tension

By Anatol Thomas

Euro, which was having a tough time for the past six weeks gained against the dollar. It reached more than... Continue Reading


Monday,
March 20, 2017
7:33 am

G20 Meeting Ends Hinting the Rise of Protectionist Policies

By Daisy Joseph

The G20 meeting is one of the important events in the financial market, as top financial leaders from the largest... Continue Reading


Friday,
March 17, 2017
9:33 am

Treasury Secretary Meets with German Ministers Assuring No Trade Wars

On Thursday, the US Treasury Secretary Steven Mnuchin met with the German finance minister Wolfgang Schaeuble in Berlin. Mnuchin is... Continue Reading


Thursday,
March 16, 2017
10:48 am

Price of Crude Oil Continues To Suffer Even With Supporting Policies

By Anatol Thomas

The price of crude oil showed a slight rise, but the gains weren’t as expected. The oversupply that has saturated... Continue Reading


Wednesday,
March 15, 2017
6:48 am

FOMC’s Decision Will Have A Stronger Impact On The Value Of US Dollar

By Anatol Thomas

The Federal Open Market Commission (FOMC) meeting is scheduled on Wednesday and this has the investors eagerly watching the market.... Continue Reading


Tuesday,
March 14, 2017
10:59 am

Dollar Gains Momentum in the Forex Market as Hope for Fed Interest Hike Increases

By Anatol Thomas

The US dollar gained steadily against the basket of other foreign currencies, as the US Treasury yields continue to raise.... Continue Reading


Monday,
March 13, 2017
10:57 am

Crude Prices Continue To Hit the Low Range Due To Oversupply Issues

By Daisy Joseph

The OPEC deal agreed upon by major oil producing countries hasn’t helped the oil prices to get better. The increase... Continue Reading


Thursday,
March 9, 2017
8:54 am

Canadian Dollar Loses Big Against the US Dollar

Anatol Thomas

The Canadian dollar had been losing against the US dollar since last week and there is no hope for redemption... Continue Reading


Wednesday,
March 8, 2017
8:04 am

Chinese Forex Reserves Goes Up To $3 Trillion against Expectations

Daisy Joseph

China has been battling against capital outflow for some time now and its efforts have been rewarded. According to a... Continue Reading


Tuesday,
March 7, 2017
8:24 am

Dollar Enjoys Steady Rates as Hopes Janet Yellen Hints on Interest Hikes

Anatol Thomas

The speech made by the Federal Reserve Chairman Janet Yellen has spiked the interest of the investors. The Fed chair... Continue Reading


Monday,
March 6, 2017
9:58 am

Baht’s Appreciation Affects the Export Oriented Thailand

Daisy Joseph

In export-oriented economies, currency devaluation is of great benefit. That is why Donald Trump is blaming it for being weakened... Continue Reading


Friday,
March 3, 2017
7:51 am

What Forex Traders Must Understand About FXCM Being Barred From Operating In The US?

By Daisy Joseph

FXCM is a large forex trading company, which was reigning as the No. 1 forex trader in the US. The... Continue Reading


Thursday,
March 2, 2017
6:52 am

Taiwan Stops Manipulating Its Currency to Escape Trump’s Bash

By Anatol Thomas

The President of the United States, Donald Trump is unapologetically rude against economies that are known for manipulating their currencies.... Continue Reading


Wednesday,
March 1, 2017
6:59 am

China Welcomes Foreign Bond Investors with Strict Regulations on Forex Transactions

By Daisy Joseph

In an attempt to stabilize and improve the financial markets, China has decided to welcome foreign investors to invest in... Continue Reading


Tuesday,
February 28, 2017
7:59 am

Pound Pushed Down As Scotland Prepares For New Independence Referendum

By Anatol Thomas

The Sterling Pound has faced a downslide ever since the referendum voting last year. Britain’s plan for a hard Brexit... Continue Reading


Monday,
February 27, 2017
7:38 am

Trump’s Upcoming Tax Proposal Pushes Dollar up in the Market

By Anatol Thomas

On Monday, in the Asian trading market, the dollar gained significantly, slightly recovering from the losses of the last week.... Continue Reading


Sunday,
February 26, 2017
7:34 am

Oil Prices Gain Momentum As Supply Is Controlled

By Daisy Joseph

In the year 2016, the oil prices continued to dip, as the industry was saturated with oversupply. OPEC intervened to... Continue Reading


Saturday,
February 25, 2017
7:32 am

Greenback Slows Down As Trump Rally Comes To an End

By Anatol Thomas

At the end of the week, the dollar finished off with a slight decline, resulting in the Greenback to slow... Continue Reading


Friday,
February 24, 2017
7:29 am

Pound Comes Back Strong As US Dollar Sinks To A New Low

By Daisy Joseph

US dollar rallied after the Presidential election, as there were hopes for new tax reforms and fiscal spending. However, the... Continue Reading


Wednesday,
January 11, 2017
4:33 pm

Sterling Enjoys Gains As Dollar Weakens

By Anatol Thomas

The start of the new year has been good for the Sterling against the expectations. Due to the political uncertainty... Continue Reading


Wednesday,
January 11, 2017
4:24 pm

Dollar hits low in response to lowering yields

By Daisy Joseph

After a strong surge in the value of US dollar, the currency experienced a weakness on Thursday. The minutes of... Continue Reading


Wednesday,
January 11, 2017
4:21 pm

Bitcoin Plunges Again After A Surprising High

By Anatol Thomas

The Bitcoin digital currency was going strong on Thursday morning breaking the much expected $1000 barrier. While the market was... Continue Reading


Wednesday,
January 11, 2017
4:18 pm

Chinese Yuan Strengthens Against Dollar

By Daisy Joseph

  After several weeks of weakening Yuan, the Central Bank of China set the value of the currency at a... Continue Reading


Wednesday,
January 11, 2017
4:16 pm

Mexican Peso Suffers Brutally Reaching Record Low

By Anatol Thomas

During the presidential rally, Donald Trump, the President-elect expressed his dissatisfaction regarding trade policies with Mexico. He even suggested building... Continue Reading


Wednesday,
January 11, 2017
4:13 pm

British Pound Shows Signs Of Recovery

As US dollars weakened slightly on Wednesday, it helped Sterling to inch higher. The consumer and business sentiment data released... Continue Reading


Wednesday,
January 11, 2017
4:10 pm

Treasury Yields Lowered After Fed Minutes

The Federal Reserve meeting minutes always have a major impact on the treasury yields. On Wednesday, the treasury yields were... Continue Reading


Wednesday,
January 11, 2017
4:06 pm

Gold Continues To Stay At High Levels

Gold is a dollar-dominated commodity. The change in US dollar will dramatically affect the price of gold. On Wednesday, Gold... Continue Reading


Wednesday,
January 11, 2017
4:02 pm

Dollar Sustains Its Value After New Year

The election of Donald Trump as the new President of the United States and hopes of fiscal stimulus has encouraged... Continue Reading


Wednesday,
January 11, 2017
4:00 pm

Bitcoin Reaches the Expected $1000 after Three Years

By the end of 2016, the cryptocurrency Bitcoin continued to increase in value. It was predicted that Bitcoin will soon... Continue Reading


Friday,
November 25, 2016
9:23 am

US economic data results in Dollar surge

It was expected that the Dollar would weaken slightly owing to Thanksgiving. Surprisingly, the US dollar value continued to increase... Continue Reading


Friday,
November 25, 2016
9:21 am

Pound Continues To Go Downhill Worrying Economists

After the Brexit vote, the Pound performs poorly in the exchange market. The pound is now facing a downhill against... Continue Reading


Wednesday,
November 23, 2016
5:58 am

Dollar Loses Out On Its Winning Streak against Major Currencies

Dollar Loses Out On Its Winning Streak against Major Currencies In the past 10 days, the US dollar continued to... Continue Reading


Wednesday,
November 23, 2016
5:51 am

Pound Euro Exchange Rate May Improve After Possible Brexit Deal

Pound Euro Exchange Rate May Improve After Possible Brexit Deal  The Brexit has resulted in the weakening of the Pounds... Continue Reading


Tuesday,
November 22, 2016
7:33 am

UK Retail Sales Experience a Surge In Recent Times

UK Retail Sales Experience a Surge In Recent Times In the past few days, the Pound US dollar exchange rate... Continue Reading


Tuesday,
November 22, 2016
7:27 am

Dollar Goes Beyond ¥110 Reaching Its Highest In the Last Few Months

After the surprise election of Donald Trump, the US dollar continues to increase in strength. The positive data from the... Continue Reading


Tuesday,
November 22, 2016
7:23 am

AUD is expected to weaken further against the US dollar

In the last week, the AUD/USD value continued to decrease and overall it dropped 230 points. The pair closed at... Continue Reading


Tuesday,
November 22, 2016
7:22 am

Dollar Continues To Grow Strong As The US Yields Continue To Rise

The surprise results of the US Presidential election has contributed to the strengthening of the US dollar. The currency continues... Continue Reading


Thursday,
November 17, 2016
9:12 am

Bank Of Japan Launches Fixed Rate Bond-Buying Plan

To combat with inflation and promote growth, the Bank of Japan has announced that it will buy unlimited Japanese government... Continue Reading


Thursday,
November 17, 2016
9:07 am

Drop in Oil Prices Is Not Good For The Asian Markets

The continuous increase in the value of the US dollar has created a lot of pressure on the Asian markets.... Continue Reading


Wednesday,
November 16, 2016
7:52 am

EuroZone Economy Handles Brexit But Unsure Of Trump’s Policies

The Brexit vote was shocking to the Eurozone economy, but the economy followed a growth path in the past three... Continue Reading


Wednesday,
November 16, 2016
7:48 am

Inflation Expected To Rebound In the UK after Brexit Hit

The British Pounds has already hit an all-time low after the Brexit. This has resulted in price hikes. Mark Carney,... Continue Reading


Tuesday,
November 15, 2016
10:38 am

Soft Commodities Gain Impromptu Significance

The US presidential election has affected the global markets in more ways than expected. The winning of Donald Trump has... Continue Reading


Tuesday,
November 15, 2016
9:44 am

Yuan Reaches an Eight Year Low As China Weakens Its Currency

China has more control over its currency to maintain its value in the global trade markets. On Tuesday, China weakened... Continue Reading


Tuesday,
November 15, 2016
9:41 am

Australian Dollar Reaches an All Time Low in One Month

The strengthening of the US dollar directly resulted in the weakening of the Australian dollar. In the past week, following... Continue Reading


Tuesday,
November 15, 2016
9:38 am

US Dollar Continues To Rise To Reach All-Time Peak in 9 Months

The aftermath of the election of Donald Trump proves to be good for the US dollar. The yields of US... Continue Reading


Friday,
November 11, 2016
12:35 pm

Oil prices reduce as OPEC shows an increase in production

On Thursday, the International Energy Agency reported that the members of the Organization of the Petroleum Exporting Countries (OPEC) pumped... Continue Reading


Friday,
November 11, 2016
12:31 pm

Asian Markets Tumble as US Dollar Continues To Strengthen

The strengthening of the US dollar has resulted in weakening of many emerging economies. The stock market in Shanghai entered... Continue Reading


Friday,
November 11, 2016
12:26 pm

Pound Shows an Increase with a Promising UK-US Deal

After Brexit, the value of British Pounds dropped massively. The Brexit result also shook the London stock market which dropped... Continue Reading


Thursday,
November 10, 2016
1:45 pm

Influence Of Trump’s Victory On World Markets

by Latisha Liming

The aftermath of US election has increased the volatility in the world markets. The USD gained significance and reached a... Continue Reading


Thursday,
November 10, 2016
1:42 pm

Mexican Peso Reaches Record Low After Donald Trump Becomes President

Donald Trump becoming the President of the USA is a major political upset that carries much greater importance than the... Continue Reading


Tuesday,
October 25, 2016
10:09 am

Donald Trump’s Win Resulted In High Yield For US Dollar

by Latisha Liming

As expected, the price of the US dollar surged after the result of the election was announced. Even though the... Continue Reading


What Are the Top 4 Forex News Events?

1. FOMC (Federal Open Market Committee) Meetings
Every time the Fed FOMC meets, the USD comes under the spotlight. This committee meets monthly to determine if the federal funds rate is appropriate for the state of the US economy. Presently, the Fed is targeting a 2% inflation rate and full employment. When the economy is performing well, the Fed tends to tighten monetary policy.

2. Central Bank (ECB, BoJ, BOE, Fed) Policy
Central banks determine monetary policy. Accommodative easing takes place when the central bank injects money into the system, or when interest rates are cut. Accommodative tightening takes place when the central bank sells assets (receives money that is taken out of circulation) or raises interest rates. These have a dramatic effect on currencies.

3. Gross Domestic Product (GDP)
GDP is the value of all goods and services produced within the borders of the country in a year. As GDP increases, so the performance of the economy is set to improve too. As GDP improves, so does the currency, and vice versa

4. Consumer Price Index Inflation Data
Inflation is important as it reflects how much prices have risen for a comparable basket of goods over time. Central banks use inflation data (CPI data) to determine interest rate policy. When inflation data beats expectations, we can expect currencies to perform better.