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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Though higher against the greenback currently, currency analysts expect to see increasing volatility for the Pound Sterling as all avenues to a soft Brexit appear to close on the Prime Minister.
Traders got some interesting views of the market on Wednesday afternoon EST; first, the Federal Reserve released minutes of its July meeting, showing that the decision to cut interest rates last month was fraught with conflict and that the Fed does not have a clear path to avert a recession.
Japanese government representatives and their American counterparts are meeting from this Wednesday to discuss trade matters.
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The Pound Sterling failed to maintain positive momentum and gave back a portion of yesterday's gains as market worries grow over the impending Brexit deadline.
Asian stocks were mixed on Wednesday morning as traders remained concerned about the state of the global economy and eager to receive the FOMC minutes from the July Federal Reserve meeting.
British Prime Minister Boris Johnson claimed on Tuesday that Brussels' backstop Plan is "anti-democratic" and "unviable" so it must be abandoned.
Is it possible that another wave of payroll tax cuts is coming for U.S. citizens? According to some reports on Monday such as those from Fox News and the Washington Post, the White House is weighing this possibility as a way to ease economic concerns.
Just minutes before the opening bell on Wall Street, all three major benchmark indexes are looking towards a higher open, boosted by a rebound in U.S.
The British MP and Labour Party leader Jeremy Corbyn said that a snap general election would stop the Brexit Crisis.
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There’s no question that analysts are concerned about the state of the U.S. economy.
This week is likely to see a similar or greater level of market activity compared to last week, with no central bank input due concerning the U.S. and Australian Dollars.
The markets have been abuzz with recession talks and concerns since the 10-year and 2-year Treasury note yields briefly inverted on Wednesday.
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Sign up to get the latest market updates and free signals directly to your inbox.Following months of both political and economic upheaval, Hong Kong’s government announced on Thursday it’s plan to implement an economic support package.
The British Labour Leader Jeremy Corbyn called the leaders of the opposition to back him as a future Prime Minister to stop a no-deal Brexit.
Analysts may be predicting that a recession is coming in the coming months, but traders took began to support that theory immediately, selling off stocks on a grand scale on Wednesday