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 Irish Prime Minister Leo Varadkar said that a no-deal Brexit seems "more likely".
The People’s Bank of China set the yuan midpoint at 6.9996 per dollar early on Wednesday after the Chinese currency sunk below the 7 per dollar mark
Though currently trading slightly higher, the British Pound remains near to recently struck multi-month lows against the Euro as fears of a hard Brexit dominates Pound sentiment.
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The People's Bank of China (or PBOC) said that President Trump's accusations against the Chinese could cause chaos in the financial markets.
U.S. stock markets saw their worst day in 2019 on Monday as trade war concerns continued to worry investors and prompt selling.
With less than three months left before Britain is expected to leave the European Union, investor fears are escalating on concerns that the split will not be favorable.
The Japanese Vice finance minister for international affairs Yoshiki Takeuchi cautioned investors against driving up the Japanese Yen
Over 390 days into the trade war between the United States and China, the tension shows no sign of easing, and traders have continue to take notice.
This week is likely to see either a little less or a similar level of market activity to last week, with central bank input due concerning the Australian and New Zealand Dollars.
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The safe haven Japanese Yen was broadly higher after the latest rhetoric from the US President.
The Pound Sterling lost its positive momentum and fell to a 20 year trough against the US Dollar on growing fears that the UK will withdraw from the EU without an agreement.
According to a recently released survey by IHS, the Eurozone manufacturing activity fell in July, reaching its fastest step since the end of 2012, reinforcing fears about the bloc's economic outlook.
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After four consecutive days of heavy losses, the Pound finally seems to have steadied against its US rival, the greenback.
The trade talks between the United States representatives and their Chinese counterparts finished, without signaling any significative progress.