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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Wall Street closed higher on Tuesday despite weak data out of the United States that showed construction of single-family homes hovered near a two-year low.
The Pound Sterling slipped during London trade on Tuesday as the Parliament voted to take the helm of the Brexit process.
In a recent survey, the Pew Research Center found that most of Americans foresee a gloomy future for the United States economy.
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The Pound remains under significant sell pressure, especially given the latest geopolitical news out of London.
The Pound Sterling was lower as investors brace for another week of uncertainty in UK politics.
In normal conditions, the long term US treasury notes yield is above the short term one, however, lately the former has been behind the later, a rare phenomenon which is usually associated with an increased risk of recession.
Concerns about a global economic slowdown and a recession in the United States sent global stock indexes broadly lower during Monday’s Asian session
This week is likely to see a less active market, with central bank input due only from the RBNZ, as well as more Brexit drama and some important economic data for the U.S. and Canadian Dollars.
The Pound Sterling reversed course on news that the Brexit deadline has been extended by the European Commission.
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The Norwegian Krona surged in Thursday trading in London after Norges Bank took a decidedly hawkish turn.
The British opposition leader, Jeremy Corbyn is traveling to Brussels this Thursday in order to discuss an alternative Brexit plan with European Union representatives.
The Federal Reserve’s announcement on Wednesday sent traders swiftly away from the U.S. dollar and offered support to Asian stock markets.
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Asian business confidence hit a three-year low amid a dragging trade feud between the United States and China and a slow-down of the broader global economy.
Asian stock indexes were broadly lower on Wednesday after renewed investor concerns about the state of the trade conflict between the United States and China.