Forex News

  • Forex Signals Today: EU, UK Manufacturing and Services PMIs

    Forex Signals Today: EU, UK Manufacturing and Services PMIs

    Nov 23, 23 • 486 Views • Forex News, Top News Comments Off on Forex Signals Today: EU, UK Manufacturing and Services PMIs

    The USD gained after finding a bottom on Tuesday yesterday due to a yield turnaround after earlier falls. Consumer sentiment in Michigan continued to support the economy, as consumer forecasts for inflation one and five years away continued to be higher, with...

  • US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases

    US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases

    Nov 22, 23 • 592 Views • Forex News, Top News Comments Off on US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases

    The following are the things you need to know on Wednesday, November 22 2023: Despite Monday’s sharp decline, the US Dollar Index managed to gain some small daily points on Tuesday. The USD continues to hold its ground against its rivals early...

  • 4 Forex News Events You Need To Know

    4 Forex News Events You Need To Know

    Oct 27, 23 • 425 Views • Forex News, Forex Trading Articles Comments Off on 4 Forex News Events You Need To Know

    There are a lot of economic indicators and forex news events that influence currency markets, and new traders need to learn about them. If new traders can quickly learn which data to watch out for, what it means, and how to trade it, they will soon become...

  • Forex Roundup: Dollar Rules Despite the Slides

    Forex Roundup: Dollar Rules Despite the Slides

    Oct 5, 23 • 516 Views • Forex News, Top News Comments Off on Forex Roundup: Dollar Rules Despite the Slides

    On Thursday, investors will monitor global bond markets closely as yields continue to rise. Late in the Asian session, Australia will release its trade data for August. On Friday, the US will publish its weekly jobless claims report. On Thursday, October 5,...

  • US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases

    Currency Round Up: US Dollar (USD) Soaring amid Rising Bond Yields and Risk Aversion

    Oct 3, 23 • 416 Views • Forex News, Top News Comments Off on Currency Round Up: US Dollar (USD) Soaring amid Rising Bond Yields and Risk Aversion

    During the American session on Monday, the US Dollar (USD) benefited from a surge in US Treasury bond yields following a quiet start to the new week. Early Tuesday, the US Dollar Index hit its highest level since November, above 107.00, entering a...

  • September 26 Forex Brief: Consumer Confidence and Home Sales

    September 26 Forex Brief: Consumer Confidence and Home Sales

    Sep 26, 23 • 650 Views • Forex News, Top News Comments Off on September 26 Forex Brief: Consumer Confidence and Home Sales

    In today’s Asian and European sessions, the economic calendar is light again. After several months of decline, the S&P/CS Composite-20 HPI YoY house price index for the US session is expected to turn positive and gain 0.2%. Sales of new homes were...

  • Forex Roundup: Dollar Rules Despite the Slides

    Dollar Holds Steady as Traders Await Inflation Data from US and China

    Aug 7, 23 • 588 Views • Forex News, Top News Comments Off on Dollar Holds Steady as Traders Await Inflation Data from US and China

    The dollar was little changed on Monday after a mixed US employment report failed to spark any significant market reaction. Traders shifted their focus to the upcoming inflation data from the US and China, which could provide some clues on the economic...

  • London stocks open lower as US debt deal faces opposition

    London stocks open lower as US debt deal faces opposition

    May 31, 23 • 919 Views • Forex News, Top News Comments Off on London stocks open lower as US debt deal faces opposition

    London’s main stock index opened lower on Wednesday as investors awaited the outcome of a crucial vote in the US Congress on a deal to increase the debt ceiling and avoid a default. The FTSE 100 index fell 0.5%, or 35.65 points, to 7,486.42 in early...

  • US Debt Ceiling: Biden and Mccarthy Near Deal as Default Looms

    US Debt Ceiling: Biden and Mccarthy Near Deal as Default Looms

    May 27, 23 • 1743 Views • Forex News Comments Off on US Debt Ceiling: Biden and Mccarthy Near Deal as Default Looms

    The debt ceiling is a limit imposed by the law on the federal government’s borrowing to pay its bills. It was raised to $31.4 trillion on December 16, 2021, but the Treasury Department has been using “extraordinary measures” to keep...

  • ECB Raises Deposit Rate to 3.25%, Signals Two More Hikes

    May 5, 23 • 1452 Views • Forex News, Top News Comments Off on ECB Raises Deposit Rate to 3.25%, Signals Two More Hikes

    Rate Hike in Line with Expectations As expected by most traders and economists, the European Central Bank increased the policy rate by 0.25% to 3.25% on Thursday, following three previous hikes of 0.5% each. This is the highest level of rate since 2008. The...