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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The Bank of Japan decided to hold the interest rates steady, as the economic outlook improved, leaving the short-term cash rate at -0.1 percent
Donald Trump became the third U.S. president to get impeached by the House of Representatives, but the move had surprisingly little impact on the dollar.
The US Dollar steadied versus key rivals, namely the Euro and British Pound, during Wednesday trade in London
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According to the Office for National Statistics, Britain's inflation rose 1.5 percent (year-to-year) in November for the second consecutive month (the lowest figure since November 2016),
*The British pound continued to slide on Wednesday after a day of heavy selling on Tuesday, as traders remained concerned about what Johnson’s promise for a hard Brexit will mean for the country.
Estonian central bank chief Madis Müller said that the ECB should be more flexible regarding its inflation target
The British pound fell versus the U.S. Dollar and common currency Euro during early trade in Europe on Tuesday
The trading week that started with a higher pound and lower stock markets has made a sudden turnaround, with the pound falling on Tuesday and stock indexes surging on hopes for a new U.S.-China trade deal.
An end to Brexit uncertainty as a result of the majority win for the Conservative Party has helped to keep the Pound elevated against both the greenback and the Euro.
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According to data published by IHS Markit, German manufacturing activity declined for its twelfth consecutive month, followed by its private sector activity which dropped for the fourth consecutive month.
The United States and China announced a tentative trade deal on Friday which resulted in the stall of fresh tariffs that were expected to go into effect yesterday.
Boris Johnson won the British vote on Thursday by a vast majority, sending the pound soaring higher as traders (and British citizens) braced themselves for a quick Brexit.
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In its first meeting under the leadership of Christine Lagarde, the European Central Bank kept it interest rates unchanged at historic lows of -.0.5 percent.
The Swiss National Bank decided to leave the interest rates unchanged at -0.75 percent, highlighting that it is willing to intervene in the foreign exchange market
The U.S. dollar declined steeply on Thursday, falling to its lowest level in over a month after the Federal Reserve made comments that dampened expectations for an interest rate cut in the near term.