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 Asian trade, the US Dollar was largely under pressure on fading hopes for some resolution to the trade discussions between China and the United States.
High level trade negotiations will certainly be the major theme this week as Chinese officials head to Washington to resume talks with their US counterparts.
The Pound continued to wallow relative to the greenback on escalating worries that a Brexit deal will not be struck before the deadline.
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German industrial output unexpectedly went up in July, after two months declining.
Earlier this week, gold prices retreated with the US dollar appreciating and investors' cautious anticipation ahead of the resumption of trade talks between the United States and Chinese officials.
We noticed a rise in world crude oil prices early this week, before Monday's trading closed slightly lower, as investors focused on the US-China trade negotiations round scheduled to resume next Thursday.
During the trading on Tuesday, October 8, 2019, the financial markets will be interested in the release of economic calendar data, which usually results in changes in price movements
Oil prices were higher on Tuesday afternoon in Asia after slipping lower at the end of the day on Monday, as traders eyed the upcoming trade talks
Last week's trandings were affected by political turmoil in the United States, which could lead to the dismissal of Trump as US president if convicted.
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With the Brexit deadline swiftly approaching, FX traders are growing increasingly concerned that any sort of a favorable withdrawal deal will be worked out in time.
The German economy keeps showing signs of being amid a dire situation, as industrial orders fell more than expected in August, due to lower domestic demand.
U.S. unemployment fell to 3.5 percent in September, a 50-year low, the non-farm payroll report showed on Friday.
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Sign up to get the latest market updates and free signals directly to your inbox.The US Dollar gave back recent gains after a disappointing outcome in September's PMI surveys flamed investors' concerns that the United States could be headed into a recession.
One of the main roles of any modern central bank is keeping prices stable, and to achieve this goal there are many approaches or "doctrines" that the institutions adopt, among them one of the most popular ones is the "inflation targeting" policy.
The US Dollar is flirting with a 1-week low against the common currency Euro as concerns over the health of the US economy weigh on the currency.