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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In mid-morning trade in London, the Pound Sterling saw little change versus the US Dollar but gained some ground against the Euro.
According to data released by The Sentix research group, the Eurozone investor's morale grew up in November, hitting its highest level since last June.
The trading week started strong in Asia on Monday with all benchmark indexes trading higher, except for Japan’s Nikkei 225, which was closed for trading in celebration of a national holiday.
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This week has a considerably lighter schedule than last week, with central bank input due only from the Bank of England and the Reserve Bank of Australia.
The US Dollar was under pressure and trading close to a 3-week trough in early trade in Asia.
The Bank of Japan kept the cash rate steady, at -0.1 percent, this Thursday, signaling a rate cut for the future.
The Pound Sterling is poised to see its largest single month's gains in more than 10 years, which analysts are attributing to the drastically reduced risk of a crash
The U.S. dollar fell against its major trading partners on Wednesday afternoon and continued its slide into Thursday’s Asian trading session
The United Kingdom Prime Minister Boris Johnson said that the upcoming general election, which is set to happen on December 12, will be "tough" and that he and his party is going to do the best they can.
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The Pound Sterling remains under pressure as FX traders ponder the election risks presented now that the Prime Minister has approval for a December general election.
It’s a big data day on the global economic stage, and at least for this market pundit, it’s nice to have something to focus on besides the childish squabbling between the United States and China.
According to data published by the INSEE national statistics office, France's consumer confidence hit a 20-month peak last month, and stayed the same in October, the highest figure since January 2018.
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Sign up to get the latest market updates and free signals directly to your inbox.The Pound Sterling earlier struck a 10-day trough as FX traders wait to see if the British Prime Minister is finally able to get the support he needs to push through a bill forcing a general election in early December.
U.S. President Donald Trump commented on Monday that he expects a part of the U.S.-China trade deal to come ahead of schedule,
The European Union is preparing to offer the United Kingdom a three-month extension, until January 31, 2020 with the option of leaving earlier if an acceptable Brexit deal is reached within that period of time.